4599 W Cedar RdHesselMI49745
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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 Hessel at 4599 W Cedar Rd, Hessel, MI, 49745 priced at $437,750 pairs $1,674/mo rent with after a $2,143/mo payment. Total monthly income equals $1,674/mo. Return on cash invested is 9.88% in year one, and rental yield stands at 4.59% on a $437,750 basis. Equity gained on principal adds $2,825/yr, and 5% annual appreciation accumulates to $120,942 by year five. Five-year ROI measures 49.57% and total cumulative return in cash reaches $71,940. For financing, Ziffy Mortgage’s DSCR program evaluates $1,674/mo property income against a $2,143/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1945
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49745, Hessel, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 754 (100%) |
| Owner Occupied HU | 352 (46.7%) |
| Renter Occupied HU | 59 ( 7.8%) |
| Vacant Housing Units | 343 (45.5%) |
| Median Home Value | $177,778 |
| Average Home Value | $265,014 |
Housing Distribution
Address Breakdown
Residential
446
Single Family
446
Multi-Family
0
Businesses
30
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Nearby investment properties with comparable prices
Listed by: JOHN GRIFFIN • COLDWELL BANKER SCHMIDT - CEDARVILLE
Mls Name: EUPBR
Mls Provider:
Mls ID: #24-737
Disclaimer: Copyright Eastern Upper Peninsula Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.