18975 Red Pine DrHillmanMI49746
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
Investment property for sale in Hillman at 18975 Red Pine Dr, Hillman, MI, 49746 listed at $380,000 pairs $1,999/mo rent with a $1,860/mo payment. Total monthly income runs $1,999/mo. Return on cash invested measures 15.08% in year one, and rental yield registers 6.31% at a $380,000 basis. Equity gained on principal adds $2,452/yr, and annual property appreciation at 5% supports $104,987 by year five. Five-year ROI tracks 77.46% and total cumulative return in cash totals $97,573. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,999/mo property income relative to a $1,860/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49746, Hillman, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,754 (100%) |
| Owner Occupied HU | 1,468 (53.3%) |
| Renter Occupied HU | 205 ( 7.4%) |
| Vacant Housing Units | 1,081 (39.3%) |
| Median Home Value | $171,314 |
| Average Home Value | $215,562 |
Housing Distribution
Address Breakdown
Residential
1,686
Single Family
1,644
Multi-Family
42
Businesses
108
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Aimee Smith • Hillman Real Estate
Mls Name: WWMLS
Mls Provider:
Mls ID: #201834498
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than Zillow, Inc are marked with the WWLX logo and the detailed information about said listing includes the listing office. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Zillow, Inc shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Water Wonderland MLS, Inc All rights reserved. WWLX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-10-21 04:27:12 PDT