4115 Birch DrHonorMI49640
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
Investment property for sale in Honor at 4115 Birch Dr, Honor, MI, 49640 listed at $1,850,000 pairs $2,858/mo rent with a $9,055/mo payment. Total monthly income runs $2,858/mo. Return on cash invested measures 1.67% in year one, and rental yield registers 1.85% at a $1,850,000 basis. Equity gained on principal adds $11,938/yr, and annual property appreciation at 5% supports $511,121 by year five. Five-year ROI tracks 5.46% and total cumulative return in cash totals $32,749. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,858/mo property income relative to a $9,055/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49640, Honor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,514 (100%) |
| Owner Occupied HU | 710 (46.9%) |
| Renter Occupied HU | 78 ( 5.2%) |
| Vacant Housing Units | 726 (48.0%) |
| Median Home Value | $356,069 |
| Average Home Value | $416,218 |
Housing Distribution
Address Breakdown
Residential
863
Single Family
863
Multi-Family
0
Businesses
77
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices