18998 N County Road 459HillmanMI49746
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 18998 N County Road 459, Hillman, MI, 49746 uses $51,383 cash to close to unlock $2,190/yr annual cash flow and $183/mo monthly cash flow. Total monthly income runs $1,205/mo, and a $759/mo payment keeps the spread at $183/mo. Purchase price stands at $155,000, and rental yield measures 9.33% with $1,205/mo rent. Return on cash invested shows 24.17% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 126.28% and total cumulative return in cash records $64,888. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,205/mo property income covering a $759/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1.02 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