4789 Nichols RdMasonMI48854
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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 Mason at 4789 Nichols Rd, Mason, MI, 48854 generates $1,694/mo in rent, after a $1,444/mo payment. Total monthly income is $1,694/mo. Return on cash invested sits at 16.82% in year one, and rental yield is 6.89% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 86.84% and total cumulative return in cash sums $84,926. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,694/mo property income rather than buyer’s personal income.
Single Family
Built in 1906
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48854, Mason, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,950 (100%) |
| Owner Occupied HU | 6,261 (78.8%) |
| Renter Occupied HU | 1,385 (17.4%) |
| Vacant Housing Units | 304 ( 3.8%) |
| Median Home Value | $265,466 |
| Average Home Value | $287,694 |
Housing Distribution
Address Breakdown
Residential
8,001
Single Family
7,459
Multi-Family
542
Businesses
509
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