309 Creekside DrLeveringMI49755
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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 Levering at 309 Creekside Dr, Levering, MI, 49755 listed at $185,000 pairs $1,483/mo rent with a $905/mo payment to leave $264/mo cash flow. Total monthly income runs $1,483/mo, and annual cash flow reaches $3,162/yr on $61,328 cash to close. Return on cash invested measures 25.06% in year one, and rental yield registers 9.62% at a $185,000 basis. Equity gained on principal adds $1,194/yr, and annual property appreciation at 5% supports $51,112 by year five. Five-year ROI tracks 131.06% and total cumulative return in cash totals $80,379. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,483/mo property income relative to a $905/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
1.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49755, Levering, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,371 (100%) |
| Owner Occupied HU | 753 (54.9%) |
| Renter Occupied HU | 116 ( 8.5%) |
| Vacant Housing Units | 502 (36.6%) |
| Median Home Value | $257,886 |
| Average Home Value | $318,310 |
Housing Distribution
Address Breakdown
Residential
981
Single Family
981
Multi-Family
0
Businesses
11
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