19007 County Road 601ChampionMI49814
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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
Total monthly income runs $1,874/mo, and a $2,423/mo payment. Purchase price stands at $495,000, and rental yield measures 4.54% with $1,874/mo rent. Return on cash invested shows 9.74% in year one, and 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 48.85% and total cumulative return in cash records $80,158. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,874/mo property income covering a $2,423/mo payment rather than investor’s personal income.
Single Family
Built in 2017
159.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49814, Champion, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,043 (100%) |
| Owner Occupied HU | 579 (55.5%) |
| Renter Occupied HU | 40 ( 3.8%) |
| Vacant Housing Units | 424 (40.7%) |
| Median Home Value | $224,632 |
| Average Home Value | $282,854 |
Housing Distribution
Address Breakdown
Residential
529
Single Family
529
Multi-Family
0
Businesses
17
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Listed by: TIM KEOHANE • GREAT LAKES & LAND OF MARQUETTE, INC.
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50130734
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