4101 W Hickory RdHickory CornersMI49060
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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 Hickory Corners at 4101 W Hickory Rd, Hickory Corners, MI, 49060 offers $2,506/mo rent that, after a $1,713/mo payment, leaves $198/mo cash flow. Total monthly income is $2,506/mo, and annual cash flow is $2,378/yr on $115,992 cash. Return on cash invested measures 21.96% in year one, and rental yield stands at 8.59% at a $349,900 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,671 by year five. Five-year ROI records 114.4% and total cumulative return in cash reaches $132,690. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,506/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49060, Hickory Corners, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 901 (100%) |
| Owner Occupied HU | 662 (73.5%) |
| Renter Occupied HU | 92 (10.2%) |
| Vacant Housing Units | 147 (16.3%) |
| Median Home Value | $379,532 |
| Average Home Value | $837,696 |
Housing Distribution
Address Breakdown
Residential
847
Single Family
847
Multi-Family
0
Businesses
34
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Listed by: Mark J Stafford • RE/MAX Perrett Associates
Mls Name: MichRIC
Mls ID: #25036488