17009 Blackfoot TrlHoward CityMI49329
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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 Howard City at 17009 Blackfoot Trl, Howard City, MI, 49329 uses $56,024 cash to close to unlock $2,364/yr annual cash flow and $197/mo monthly cash flow. Total monthly income runs $1,328/mo, and a $827/mo payment keeps the spread at $197/mo. Purchase price stands at $169,000, and rental yield measures 9.43% with $1,328/mo rent. Return on cash invested shows 24.13% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 126.22% and total cumulative return in cash records $70,711. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,328/mo property income covering a $827/mo payment rather than investor’s personal income.
Manufactured
Built in 2001
0.28 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49329, Howard City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,541 (100%) |
| Owner Occupied HU | 2,849 (80.5%) |
| Renter Occupied HU | 403 (11.4%) |
| Vacant Housing Units | 289 ( 8.2%) |
| Median Home Value | $226,108 |
| Average Home Value | $242,401 |
Housing Distribution
Address Breakdown
Residential
3,350
Single Family
3,287
Multi-Family
63
Businesses
168
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Listed by: Lauren Harrington • CENTURY 21 SIGNATURE - Mt. Pleasant
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1938706
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.