4553 S Paradise RdMerrittMI49667
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 4553 S Paradise Rd, Merritt, MI, 49667 in Merritt is priced for capital growth, not immediate cash flow. The $340,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $93,936 by year five, with $3,131/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 8.5% |
| Monthly Cash Flow | $0 | $850 |
City averages based on Merritt market data in our database. Property projections are estimates.
Single Family
Built in 1975
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49667, Merritt, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 511 (100%) |
| Owner Occupied HU | 259 (50.7%) |
| Renter Occupied HU | 29 ( 5.7%) |
| Vacant Housing Units | 223 (43.6%) |
| Median Home Value | $165,878 |
| Average Home Value | $198,929 |
Housing Distribution
Address Breakdown
Residential
253
Single Family
253
Multi-Family
0
Businesses
22
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 1975
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49667, Merritt, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 511 (100%) |
| Owner Occupied HU | 259 (50.7%) |
| Renter Occupied HU | 29 ( 5.7%) |
| Vacant Housing Units | 223 (43.6%) |
| Median Home Value | $165,878 |
| Average Home Value | $198,929 |
Housing Distribution
Address Breakdown
Residential
253
Single Family
253
Multi-Family
0
Businesses
22
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices