4314 W Hickory RdHickory CornersMI49060
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 Hickory Corners at 4314 W Hickory Rd, Hickory Corners, MI, 49060 listed at $574,900 pairs $3,660/mo rent with a $2,814/mo payment. Total monthly income runs $3,660/mo. Return on cash invested measures 19.23% in year one, and rental yield registers 7.64% at a $574,900 basis. Equity gained on principal adds $3,710/yr, and annual property appreciation at 5% supports $158,834 by year five. Five-year ROI tracks 99.69% and total cumulative return in cash totals $188,559. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,660/mo property income relative to a $2,814/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
17.02 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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Nearby investment properties with comparable prices
Listed by: David Bailey • Dream House West Michigan LLC
Mls Name: MichRIC
Mls ID: #25056727