3442 N Three Mile RdHesselMI49745
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 Hessel at 3442 N Three Mile Rd, Hessel, MI, 49745 priced at $345,000 pairs $3,391/mo rent with $1,116/mo cash flow after a $1,689/mo payment. Total monthly income equals $3,391/mo, and annual cash flow comes to $13,386/yr on $114,368 invested. Return on cash invested is 31.61% in year one, and rental yield stands at 11.79% on a $345,000 basis. Equity gained on principal adds $2,226/yr, and 5% annual appreciation accumulates to $95,317 by year five. Five-year ROI measures 166.16% and total cumulative return in cash reaches $190,036. For financing, Ziffy Mortgage’s DSCR program evaluates $3,391/mo property income against a $1,689/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1981
15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49745, Hessel, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 754 (100%) |
| Owner Occupied HU | 352 (46.7%) |
| Renter Occupied HU | 59 ( 7.8%) |
| Vacant Housing Units | 343 (45.5%) |
| Median Home Value | $177,778 |
| Average Home Value | $265,014 |
Housing Distribution
Address Breakdown
Residential
446
Single Family
446
Multi-Family
0
Businesses
30
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