1938 W Hansen RdScottvilleMI49454
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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 Scottville at 1938 W Hansen Rd, Scottville, MI, 49454 listed at $840,000 pairs $3,959/mo rent with a $4,111/mo payment. Total monthly income runs $3,959/mo. Return on cash invested measures 13.2% in year one, and rental yield registers 5.66% at a $840,000 basis. Equity gained on principal adds $5,420/yr, and annual property appreciation at 5% supports $232,077 by year five. Five-year ROI tracks 67.36% and total cumulative return in cash totals $186,146. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,959/mo property income relative to a $4,111/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2018
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49454, Scottville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,062 (100%) |
| Owner Occupied HU | 1,528 (74.1%) |
| Renter Occupied HU | 298 (14.5%) |
| Vacant Housing Units | 236 (11.4%) |
| Median Home Value | $197,500 |
| Average Home Value | $236,271 |
Housing Distribution
Address Breakdown
Residential
1,907
Single Family
1,811
Multi-Family
96
Businesses
140
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Listed by: Pamela Derks • Five Star Real Estate Fremont
Mls Name: MichRIC
Mls Provider:
Mls ID: #25055947
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.