1990 Halsted DrStevensvilleMI49127
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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 Stevensville at 1990 Halsted Dr, Stevensville, MI, 49127 uses $177,627 cash to close to unlock $17,846/yr annual cash flow and $1,487/mo monthly cash flow. Total monthly income runs $5,048/mo, and a $2,643/mo payment keeps the spread at $1,487/mo. Purchase price stands at $539,900, and rental yield measures 11.22% with $5,048/mo rent. Return on cash invested shows 30.11% in year one, and 5% annual appreciation builds toward $149,164 over five years. Five-year ROI reaches 158.06% and total cumulative return in cash records $280,759. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,048/mo property income covering a $2,643/mo payment rather than investor’s personal income.
Single Family
Built in 2021
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49127, Stevensville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,035 (100%) |
| Owner Occupied HU | 3,665 (72.8%) |
| Renter Occupied HU | 825 (16.4%) |
| Vacant Housing Units | 545 (10.8%) |
| Median Home Value | $339,340 |
| Average Home Value | $402,919 |
Housing Distribution
Address Breakdown
Residential
4,962
Single Family
4,883
Multi-Family
79
Businesses
409
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Listed by: Gretta V and Jamie Lee Group • @properties Christie's International R.E.
Mls Name: MichRIC
Mls ID: #25057884