1929 N Sandia DrMearsMI49436
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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
Rental property for sale in Mears at 1929 N Sandia Dr, Mears, MI, 49436 offers $1,024/mo rent that, after a $1,125/mo payment. Total monthly income is $1,024/mo. Return on cash invested measures 11.25% in year one, and rental yield stands at 5.34% at a $229,900 entry. Equity gained on principal adds $1,484/yr while 5% annual appreciation compounds into $63,517 by year five. Five-year ROI records 57.25% and total cumulative return in cash reaches $43,631. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,024/mo property income versus a $1,125/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1990
0.44 Acres lot
$N/A/sqft
$175 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49436, Mears, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,262 (100%) |
| Owner Occupied HU | 646 (28.6%) |
| Renter Occupied HU | 110 ( 4.9%) |
| Vacant Housing Units | 1,506 (66.6%) |
| Median Home Value | $284,810 |
| Average Home Value | $407,074 |
Housing Distribution
Address Breakdown
Residential
1,156
Single Family
1,156
Multi-Family
0
Businesses
50
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