17202 Northwood HwyArcadiaMI49613
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Nearby investment properties with comparable prices
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 Arcadia at 17202 Northwood Hwy, Arcadia, MI, 49613 listed at $229,000 pairs $3,317/mo rent with a $1,121/mo payment to leave $1,807/mo cash flow. Total monthly income runs $3,317/mo, and annual cash flow reaches $21,680/yr on $75,914 cash to close. Return on cash invested measures 48.47% in year one, and rental yield registers 17.38% at a $229,000 basis. Equity gained on principal adds $1,478/yr, and annual property appreciation at 5% supports $63,268 by year five. Five-year ROI tracks 256.53% and total cumulative return in cash totals $194,741. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,317/mo property income relative to a $1,121/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1872
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49613, Arcadia, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 805 (100%) |
| Owner Occupied HU | 350 (43.5%) |
| Renter Occupied HU | 28 ( 3.5%) |
| Vacant Housing Units | 427 (53.0%) |
| Median Home Value | $272,321 |
| Average Home Value | $360,771 |
Housing Distribution
Address Breakdown
Residential
319
Single Family
319
Multi-Family
0
Businesses
23
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Nearby investment properties with comparable prices
Listed by: Jamie Gray • Coldwell Banker Schmidt-Benzie
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1925770
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 2024 Northern Great Lakes REALTORS MLS. All Rights Reserved.