499 Skyline DrHortonMI49246
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 Horton at 499 Skyline Dr, Horton, MI, 49246 at $190,000 posts ROI 30.98% with $581/mo cash flow from $1,834/mo rent. Total monthly income equals $1,834/mo, and annual cash flow records $6,972/yr on $62,985 to close. Return on cash invested measures 30.98% and rental yield reads 11.58% at the current $190,000. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 by year five. Five-year ROI prints 162.72% and total cumulative return in cash totals $102,492.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,834/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1973
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49246, Horton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,567 (100%) |
| Owner Occupied HU | 1,277 (81.5%) |
| Renter Occupied HU | 77 ( 4.9%) |
| Vacant Housing Units | 213 (13.6%) |
| Median Home Value | $252,879 |
| Average Home Value | $314,839 |
Housing Distribution
Address Breakdown
Residential
1,348
Single Family
1,348
Multi-Family
0
Businesses
35
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