2665 22 Mile RdSearsMI49679
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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 Sears at 2665 22 Mile Rd, Sears, MI, 49679 generates $1,684/mo in rent and, after a $1,150/mo payment, leaves $135/mo in cash flow. Total monthly income is $1,684/mo, and annual cash flow is $1,614/yr on $77,903 invested. Return on cash invested sits at 21.98% in year one, and rental yield is 8.6% on a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 114.5% and total cumulative return in cash sums $89,200. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,684/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
3.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49679, Sears, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 854 (100%) |
| Owner Occupied HU | 439 (51.4%) |
| Renter Occupied HU | 48 ( 5.6%) |
| Vacant Housing Units | 367 (43.0%) |
| Median Home Value | $186,638 |
| Average Home Value | $215,997 |
Housing Distribution
Address Breakdown
Residential
598
Single Family
598
Multi-Family
0
Businesses
14
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