4180 Corey HwyBlissfieldMI49228
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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 Blissfield at 4180 Corey Hwy, Blissfield, MI, 49228 generates $4,206/mo in rent, after a $4,038/mo payment. Total monthly income is $4,206/mo. Return on cash invested sits at 14.6% in year one, and rental yield is 6.12% on a $825,000 entry. Equity gained on principal adds $5,324/yr, while 5% annual appreciation builds toward $227,932 over five years. Five-year ROI reaches 74.89% and total cumulative return in cash sums $203,265. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,206/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
10.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49228, Blissfield, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,269 (100%) |
| Owner Occupied HU | 1,812 (79.9%) |
| Renter Occupied HU | 345 (15.2%) |
| Vacant Housing Units | 112 ( 4.9%) |
| Median Home Value | $214,419 |
| Average Home Value | $272,837 |
Housing Distribution
Address Breakdown
Residential
2,275
Single Family
2,224
Multi-Family
51
Businesses
188
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Listed by: Lorraine M Morgan • Heart O' The Hills Realty
Mls Name: MiRealSource
Mls ID: #50179138