526 Cherokee BndHowellMI48843
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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 Howell at 526 Cherokee Bnd, Howell, MI, 48843 at $186,500 posts ROI 31.65% with $605/mo cash flow from $1,835/mo rent. Total monthly income equals $1,835/mo, and annual cash flow records $7,259/yr on $61,825 to close. Return on cash invested measures 31.65% and rental yield reads 11.81% at the current $186,500. Equity gained on principal adds $1,203/yr, and 5% annual appreciation supports $51,527 by year five. Five-year ROI prints 166.33% and total cumulative return in cash totals $102,833.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,835/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1978
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48843, Howell, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,156 (100%) |
| Owner Occupied HU | 15,805 (78.4%) |
| Renter Occupied HU | 3,715 (18.4%) |
| Vacant Housing Units | 636 ( 3.2%) |
| Median Home Value | $367,579 |
| Average Home Value | $397,756 |
Housing Distribution
Address Breakdown
Residential
19,681
Single Family
18,246
Multi-Family
1,435
Businesses
1,098
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