3424 S Ramshorn DrFremontMI49412
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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
Rental property for sale in Fremont at 3424 S Ramshorn Dr, Fremont, MI, 49412 offers $13,620/mo rent that, after a $8,790/mo payment, leaves $1,777/mo cash flow. Total monthly income is $13,620/mo, and annual cash flow is $21,324/yr on $581,872 cash. Return on cash invested measures 24.03% in year one, and rental yield stands at 9.1% at a $1,795,900 entry. Equity gained on principal adds $11,589/yr while 5% annual appreciation compounds into $496,174 by year five. Five-year ROI records 125.41% and total cumulative return in cash reaches $729,704. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $13,620/mo property income versus a $8,790/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
19.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49412, Fremont, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,254 (100%) |
| Owner Occupied HU | 3,886 (74.0%) |
| Renter Occupied HU | 827 (15.7%) |
| Vacant Housing Units | 541 (10.3%) |
| Median Home Value | $218,545 |
| Average Home Value | $256,878 |
Housing Distribution
Address Breakdown
Residential
4,810
Single Family
4,578
Multi-Family
232
Businesses
423
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
