1826 Eight Mile RdKawkawlinMI48631
Nearby investment properties with comparable rents
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
Rental property for sale in Kawkawlin at 1826 Eight Mile Rd, Kawkawlin, MI, 48631 priced at $760,000 converts $4,327/mo rent into after a $3,720/mo obligation. Total monthly income equals $4,327/mo. Return on cash invested prints 16.77% in year one, and rental yield reads 6.83% against a $760,000 entry. Equity gained on principal adds $4,904/yr, while 5% annual appreciation compiles into $209,974 by year five. Five-year ROI reaches 86.51% and total cumulative return in cash sums $216,313. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,327/mo property income covering a $3,720/mo payment, not borrower’s personal income.
Single Family
Built in 2000
3.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48631, Kawkawlin, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,082 (100%) |
| Owner Occupied HU | 1,743 (83.7%) |
| Renter Occupied HU | 201 ( 9.7%) |
| Vacant Housing Units | 138 ( 6.6%) |
| Median Home Value | $196,294 |
| Average Home Value | $231,725 |
Housing Distribution
Address Breakdown
Residential
1,856
Single Family
1,856
Multi-Family
0
Businesses
134
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices