58693 Blue Stem CirMattawanMI49071
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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 Mattawan at 58693 Blue Stem Cir, Mattawan, MI, 49071 offers a 8.93% rental yield on a $300,000 purchase with $2,232/mo rent. Total monthly income registers $2,232/mo, and a $1,468/mo payment leaves $215/mo available for distribution. Annual cash flow reaches $2,574/yr on $99,450 to close, and return on cash invested stands at 22.5% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 117.44% and total cumulative return in cash at $116,796. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,232/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
8,276 sqft lot
$N/A/sqft
$90 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49071, Mattawan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,081 (100%) |
| Owner Occupied HU | 3,469 (85.0%) |
| Renter Occupied HU | 437 (10.7%) |
| Vacant Housing Units | 175 ( 4.3%) |
| Median Home Value | $284,983 |
| Average Home Value | $339,384 |
Housing Distribution
Address Breakdown
Residential
4,289
Single Family
4,241
Multi-Family
48
Businesses
225
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