190 Steves Scenic DrHortonMI49246
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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 Horton at 190 Steves Scenic Dr, Horton, MI, 49246 with 5% annual appreciation on a $575,000 basis while $2,392/mo rent supports operations. 18% in year one. Equity gained on principal adds $3,710/yr, and five-year appreciation sums $158,862 alongside rental yield of 4.99%. Five-year ROI measures 56.56% and total cumulative return in cash totals $106,991. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,392/mo property income versus a $2,814/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49246, Horton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,567 (100%) |
| Owner Occupied HU | 1,277 (81.5%) |
| Renter Occupied HU | 77 ( 4.9%) |
| Vacant Housing Units | 213 (13.6%) |
| Median Home Value | $252,879 |
| Average Home Value | $314,839 |
Housing Distribution
Address Breakdown
Residential
1,348
Single Family
1,348
Multi-Family
0
Businesses
35
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