316 Isbell StHowellMI48843
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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 Howell at 316 Isbell St, Howell, MI, 48843 priced at $259,900 converts $1,862/mo rent into $148/mo cash flow after a $1,272/mo obligation. Total monthly income equals $1,862/mo, and annual cash flow totals $1,778/yr on $86,157 invested. Return on cash invested prints 21.97% in year one, and rental yield reads 8.6% against a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation compiles into $71,806 by year five. Five-year ROI reaches 114.49% and total cumulative return in cash sums $98,638. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,862/mo property income covering a $1,272/mo payment, not borrower’s personal income.
Single Family
Built in 1946
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48843, Howell, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,156 (100%) |
| Owner Occupied HU | 15,805 (78.4%) |
| Renter Occupied HU | 3,715 (18.4%) |
| Vacant Housing Units | 636 ( 3.2%) |
| Median Home Value | $367,579 |
| Average Home Value | $397,756 |
Housing Distribution
Address Breakdown
Residential
19,681
Single Family
18,246
Multi-Family
1,435
Businesses
1,098
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