2905 E Bacon RdHillsdaleMI49242
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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 Hillsdale at 2905 E Bacon Rd, Hillsdale, MI, 49242 with 5% annual appreciation on a $329,000 basis while $2,502/mo rent supports operations. Total monthly income totals $2,502/mo and a $1,610/mo payment preserves $333/mo for cash returns. Annual cash flow comes to $3,992/yr on $109,064 deployed, and return on cash invested reaches 23.57% in year one. Equity gained on principal adds $2,123/yr, and five-year appreciation sums $90,897 alongside rental yield of 9.13%. Five-year ROI measures 123.01% and total cumulative return in cash totals $134,157.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,502/mo property income versus a $1,610/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1994
5.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49242, Hillsdale, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,762 (100%) |
| Owner Occupied HU | 4,061 (60.1%) |
| Renter Occupied HU | 1,845 (27.3%) |
| Vacant Housing Units | 856 (12.7%) |
| Median Home Value | $196,324 |
| Average Home Value | $226,490 |
Housing Distribution
Address Breakdown
Residential
6,129
Single Family
5,552
Multi-Family
577
Businesses
570
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