5124 Huggins RdMichigan CenterMI49254
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 Michigan Center at 5124 Huggins Rd, Michigan Center, MI, 49254 priced at $369,385 converts $1,291/mo rent into after a $1,808/mo obligation. Total monthly income equals $1,291/mo. Return on cash invested prints 8.69% in year one, and rental yield reads 4.19% against a $369,385 entry. Equity gained on principal adds $2,384/yr, while 5% annual appreciation compiles into $102,054 by year five. Five-year ROI reaches 43.23% and total cumulative return in cash sums $52,936. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,291/mo property income covering a $1,808/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49254, Michigan Center, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,517 (100%) |
| Owner Occupied HU | 1,167 (76.9%) |
| Renter Occupied HU | 227 (15.0%) |
| Vacant Housing Units | 123 ( 8.1%) |
| Median Home Value | $208,133 |
| Average Home Value | $235,548 |
Housing Distribution
Address Breakdown
Residential
1,436
Single Family
1,432
Multi-Family
4
Businesses
191
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: BRETT MILES • C-21 Affiliated - Jackson
Mls Name: MichRIC
Mls Provider:
Mls ID: #25006702
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.