296 Steves Scenic DrHortonMI49246
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Horton at 296 Steves Scenic Dr, Horton, MI, 49246 projects strong ROI of -6.69%. Rental yield 0%. With 5% annual appreciation, the property builds $762,537 in value over five years. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 8.2% |
| Monthly Cash Flow | $0 | $450 |
City averages based on Horton market data in our database. Property projections are estimates.
Single Family
Built in 2020
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49246, Horton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,567 (100%) |
| Owner Occupied HU | 1,277 (81.5%) |
| Renter Occupied HU | 77 ( 4.9%) |
| Vacant Housing Units | 213 (13.6%) |
| Median Home Value | $252,879 |
| Average Home Value | $314,839 |
Housing Distribution
Address Breakdown
Residential
1,348
Single Family
1,348
Multi-Family
0
Businesses
35
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No similar rental properties found nearby.
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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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
