2966 Sundance PathStevensvilleMI49127
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
Rental property for sale in Stevensville at 2966 Sundance Path, Stevensville, MI, 49127 offers $4,993/mo rent that, after a $6,113/mo payment. Total monthly income is $4,993/mo. Return on cash invested measures 10.33% in year one, and rental yield stands at 4.8% at a $1,249,000 entry. Equity gained on principal adds $8,060/yr while 5% annual appreciation compounds into $345,076 by year five. Five-year ROI records 52.1% and total cumulative return in cash reaches $210,827. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,993/mo property income versus a $6,113/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
0.44 Acres lot
$N/A/sqft
$1,700 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49127, Stevensville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,035 (100%) |
| Owner Occupied HU | 3,665 (72.8%) |
| Renter Occupied HU | 825 (16.4%) |
| Vacant Housing Units | 545 (10.8%) |
| Median Home Value | $339,340 |
| Average Home Value | $402,919 |
Housing Distribution
Address Breakdown
Residential
4,962
Single Family
4,883
Multi-Family
79
Businesses
409
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Listed by: Kerry M Wright • Wright Properties
Mls Name: MichRIC
Mls Provider:
Mls ID: #25021394
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.