17753 Dice RdHemlockMI48626
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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 Hemlock at 17753 Dice Rd, Hemlock, MI, 48626 offers a 9.61% rental yield on a $250,000 purchase with $2,002/mo rent. Total monthly income registers $2,002/mo, and a $1,224/mo payment leaves $353/mo available for distribution. Annual cash flow reaches $4,236/yr on $82,875 to close, and return on cash invested stands at 25.02% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 130.78% and total cumulative return in cash at $108,382. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,002/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48626, Hemlock, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,414 (100%) |
| Owner Occupied HU | 2,070 (85.7%) |
| Renter Occupied HU | 226 ( 9.4%) |
| Vacant Housing Units | 118 ( 4.9%) |
| Median Home Value | $245,623 |
| Average Home Value | $273,877 |
Housing Distribution
Address Breakdown
Residential
2,360
Single Family
2,344
Multi-Family
16
Businesses
101
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Listed by: Stacey Petri • Modern Realty
Mls Name: MIDMLS
Mls Provider:
Mls ID: #50170350
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.