2401 W Beard RdPerryMI48872
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Perry at 2401 W Beard Rd, Perry, MI, 48872 uses $107,704 cash to close to unlock $1,484/yr annual cash flow and $124/mo monthly cash flow. Total monthly income runs $2,266/mo, and a $1,590/mo payment keeps the spread at $124/mo. Purchase price stands at $324,900, and rental yield measures 8.37% with $2,266/mo rent. Return on cash invested shows 21.29% in year one, and 5% annual appreciation builds toward $89,764 over five years. Five-year ROI reaches 110.75% and total cumulative return in cash records $119,285. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,266/mo property income covering a $1,590/mo payment rather than investor’s personal income.
Single Family
Built in 1977
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48872, Perry, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,016 (100%) |
| Owner Occupied HU | 2,444 (81.0%) |
| Renter Occupied HU | 437 (14.5%) |
| Vacant Housing Units | 135 ( 4.5%) |
| Median Home Value | $255,785 |
| Average Home Value | $276,841 |
Housing Distribution
Address Breakdown
Residential
2,885
Single Family
2,885
Multi-Family
0
Businesses
106
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices