3148 Hogback RdFowlervilleMI48836
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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 Fowlerville at 3148 Hogback Rd, Fowlerville, MI, 48836 offers a 7.99% rental yield on a $324,500 purchase with $2,161/mo rent. Total monthly income registers $2,161/mo, and a $1,588/mo payment leaves $21/mo available for distribution. Annual cash flow reaches $256/yr on $107,572 to close, and return on cash invested stands at 20.15% in year one. Equity gained on principal adds $2,094/yr while 5% annual appreciation supports $89,653 over five years. Portfolio math shows five-year ROI at 104.68% and total cumulative return in cash at $112,608. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,161/mo property income against a $1,588/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48836, Fowlerville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,501 (100%) |
| Owner Occupied HU | 4,694 (85.3%) |
| Renter Occupied HU | 657 (11.9%) |
| Vacant Housing Units | 150 ( 2.7%) |
| Median Home Value | $278,107 |
| Average Home Value | $325,316 |
Housing Distribution
Address Breakdown
Residential
5,441
Single Family
5,381
Multi-Family
60
Businesses
337
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Listed by: Linda Strang • Griffith Realty
Mls Name: Realcomp II
Mls ID: #20251046816