5104 Stony Creek DrMidlandMI48640
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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
Investment property for sale in Midland at 5104 Stony Creek Dr, Midland, MI, 48640 earns $8/mo cash flow from $2,382/mo rent with a $1,762/mo payment. Total monthly income totals $2,382/mo, and annual cash flow totals $96/yr on $119,340 capital. ROI tracks 19.99% on current figures, and rental yield reads 7.94% at a $360,000 purchase. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,461 over five years. Five-year ROI reaches 103.79% and total cumulative return in cash sums $123,861. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,382/mo property income instead of your personal income.
Single Family
Built in 1974
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48640, Midland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,874 (100%) |
| Owner Occupied HU | 10,179 (73.4%) |
| Renter Occupied HU | 2,982 (21.5%) |
| Vacant Housing Units | 713 ( 5.1%) |
| Median Home Value | $218,735 |
| Average Home Value | $255,286 |
Housing Distribution
Address Breakdown
Residential
13,764
Single Family
13,044
Multi-Family
720
Businesses
1,076
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Listed by: Crystal Nelson • RE/MAX of Midland
Mls Name: MIDMLS
Mls Provider:
Mls ID: #50173931
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.