2165 E Cherry Creek RdFairviewMI48621
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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 Fairview at 2165 E Cherry Creek Rd, Fairview, MI, 48621 earns $233/mo cash flow from $1,525/mo rent with a $959/mo payment. Total monthly income totals $1,525/mo, and annual cash flow totals $2,794/yr on $64,974 capital. ROI tracks 24.21% on current figures, and rental yield reads 9.34% at a $196,000 purchase. Equity gained on principal adds $1,265/yr, and 5% annual appreciation supports $54,151 over five years. Five-year ROI reaches 126.44% and total cumulative return in cash sums $82,152. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,525/mo property income instead of your personal income.
Single Family
Built in 1995
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48621, Fairview, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 853 (100%) |
| Owner Occupied HU | 490 (57.4%) |
| Renter Occupied HU | 113 (13.2%) |
| Vacant Housing Units | 250 (29.3%) |
| Median Home Value | $152,778 |
| Average Home Value | $199,454 |
Housing Distribution
Address Breakdown
Residential
495
Single Family
439
Multi-Family
56
Businesses
41
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