16365 Roaring Brook DrHerseyMI49639
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Hersey at 16365 Roaring Brook Dr, Hersey, MI, 49639 uses $61,294 cash to close to unlock $3,330/yr annual cash flow and $278/mo monthly cash flow. Total monthly income runs $1,501/mo, and a $905/mo payment keeps the spread at $278/mo. Purchase price stands at $184,900, and rental yield measures 9.74% with $1,501/mo rent. Return on cash invested shows 25.34% in year one, and 5% annual appreciation builds toward $51,084 over five years. Five-year ROI reaches 132.57% and total cumulative return in cash records $81,259. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,501/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1999
4.52 Acres lot
$N/A/sqft
$50 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49639, Hersey, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,551 (100%) |
| Owner Occupied HU | 993 (64.0%) |
| Renter Occupied HU | 166 (10.7%) |
| Vacant Housing Units | 392 (25.3%) |
| Median Home Value | $165,032 |
| Average Home Value | $201,694 |
Housing Distribution
Address Breakdown
Residential
1,108
Single Family
1,108
Multi-Family
0
Businesses
31
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