4699 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
Rental property for sale in Hickory Corners at 4699 W Hickory Rd, Hickory Corners, MI, 49060 priced at $179,900 pairs $3,120/mo rent with $1,933/mo cash flow after a $881/mo payment. Total monthly income equals $3,120/mo, and annual cash flow comes to $23,198/yr on $59,637 invested. Return on cash invested is 58.81% in year one, and rental yield stands at 20.81% on a $179,900 basis. Equity gained on principal adds $1,161/yr, and 5% annual appreciation accumulates to $49,703 by year five. Five-year ROI measures 312.02% and total cumulative return in cash reaches $186,081. For financing, Ziffy Mortgage’s DSCR program evaluates $3,120/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
0.49 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: Steve D Mattingly • Five Star Real Estate
Mls Name: MichRIC
Mls Provider:
Mls ID: #24048417
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.








