288 W Johnson RdScottvilleMI49454
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 Scottville at 288 W Johnson Rd, Scottville, MI, 49454 at $322,000 posts ROI 14.31% with from $1,625/mo rent. Total monthly income equals $1,625/mo. Return on cash invested measures 14.31% and rental yield reads 6.06% at the current $322,000. Equity gained on principal adds $2,078/yr, and 5% annual appreciation supports $88,963 by year five. Five-year ROI prints 73.35% and total cumulative return in cash totals $78,295. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,625/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49454, Scottville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,062 (100%) |
| Owner Occupied HU | 1,528 (74.1%) |
| Renter Occupied HU | 298 (14.5%) |
| Vacant Housing Units | 236 (11.4%) |
| Median Home Value | $197,500 |
| Average Home Value | $236,271 |
Housing Distribution
Address Breakdown
Residential
1,907
Single Family
1,811
Multi-Family
96
Businesses
140
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Nearby investment properties with comparable prices
Listed by: Lucas Haltenhoff • Coldwell Banker Woodland Schmidt Grand Haven
Mls Name: MichRIC
Mls Provider:
Mls ID: #25008986
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.