21110 1st StHillmanMI49746
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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 Hillman at 21110 1st St, Hillman, MI, 49746 generates $652/mo in rent, after a $905/mo payment. Total monthly income is $652/mo. Return on cash invested sits at 8.8% in year one, and rental yield is 4.23% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 43.85% and total cumulative return in cash sums $26,895. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $652/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49746, Hillman, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,754 (100%) |
| Owner Occupied HU | 1,468 (53.3%) |
| Renter Occupied HU | 205 ( 7.4%) |
| Vacant Housing Units | 1,081 (39.3%) |
| Median Home Value | $171,314 |
| Average Home Value | $215,562 |
Housing Distribution
Address Breakdown
Residential
1,686
Single Family
1,644
Multi-Family
42
Businesses
108
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