17425 8th AveConklinMI49403
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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
Total monthly income runs $2,762/mo, and a $2,447/mo payment. Purchase price stands at $499,900, and rental yield measures 6.63% with $2,762/mo rent. Return on cash invested shows 16.04% in year one, and 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 82.62% and total cumulative return in cash records $136,920. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,762/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 1985
6.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49403, Conklin, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 951 (100%) |
| Owner Occupied HU | 817 (85.9%) |
| Renter Occupied HU | 79 ( 8.3%) |
| Vacant Housing Units | 55 ( 5.8%) |
| Median Home Value | $359,665 |
| Average Home Value | $413,127 |
Housing Distribution
Address Breakdown
Residential
927
Single Family
927
Multi-Family
0
Businesses
36
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