506 S Sophia St, Homer, MI, 49245 | $346/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Homer at 506 S Sophia St, Homer, MI, 49245 uses $58,013 cash to close to unlock $4,146/yr annual cash flow and $346/mo monthly cash flow. Total monthly income runs $1,500/mo, and a $857/mo payment keeps the spread at $346/mo. Purchase price stands at $175,000, and rental yield measures 10.29% with $1,500/mo rent. Return on cash invested shows 27.06% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 141.73% and total cumulative return in cash records $82,219. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,500/mo property income covering a $857/mo payment rather than investor’s personal income.

Single Family

Built in 1950

0.34 Acres lot

$N/A/sqft

No HOA