425 Howard StFife LakeMI49633
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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 Fife Lake at 425 Howard St, Fife Lake, MI, 49633 offers $1,191/mo rent that, after a $734/mo payment, leaves $202/mo cash flow. Total monthly income is $1,191/mo, and annual cash flow is $2,424/yr on $49,725 cash. Return on cash invested measures 24.78% in year one, and rental yield stands at 9.53% at a $150,000 entry. Equity gained on principal adds $968/yr while 5% annual appreciation compounds into $41,442 by year five. Five-year ROI records 129.51% and total cumulative return in cash reaches $64,398. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,191/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49633, Fife Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,597 (100%) |
| Owner Occupied HU | 1,542 (59.4%) |
| Renter Occupied HU | 193 ( 7.4%) |
| Vacant Housing Units | 862 (33.2%) |
| Median Home Value | $229,213 |
| Average Home Value | $271,318 |
Housing Distribution
Address Breakdown
Residential
1,837
Single Family
1,837
Multi-Family
0
Businesses
66
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