3445 Fehn RdHemlockMI48626
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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 Hemlock at 3445 Fehn Rd, Hemlock, MI, 48626 uses $72,930 cash to close to unlock $9,420/yr annual cash flow and $785/mo monthly cash flow. Total monthly income runs $2,236/mo, and a $1,077/mo payment keeps the spread at $785/mo. Purchase price stands at $220,000, and rental yield measures 12.2% with $2,236/mo rent. Return on cash invested shows 32.83% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 172.62% and total cumulative return in cash records $125,891. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,236/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 1956
1.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48626, Hemlock, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,414 (100%) |
| Owner Occupied HU | 2,070 (85.7%) |
| Renter Occupied HU | 226 ( 9.4%) |
| Vacant Housing Units | 118 ( 4.9%) |
| Median Home Value | $245,623 |
| Average Home Value | $273,877 |
Housing Distribution
Address Breakdown
Residential
2,360
Single Family
2,344
Multi-Family
16
Businesses
101
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