6044 Wabash LnStevensvilleMI49127
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
Investment property for sale in Stevensville at 6044 Wabash Ln, Stevensville, MI, 49127 earns from $3,002/mo rent with a $2,569/mo payment. Total monthly income totals $3,002/mo. ROI tracks 16.87% on current figures, and rental yield reads 6.86% at a $524,900 purchase. Equity gained on principal adds $3,387/yr, and 5% annual appreciation supports $145,020 over five years. Five-year ROI reaches 87.04% and total cumulative return in cash sums $150,313. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,002/mo property income instead of your personal income.
Single Family
Built in 2010
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49127, Stevensville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,035 (100%) |
| Owner Occupied HU | 3,665 (72.8%) |
| Renter Occupied HU | 825 (16.4%) |
| Vacant Housing Units | 545 (10.8%) |
| Median Home Value | $339,340 |
| Average Home Value | $402,919 |
Housing Distribution
Address Breakdown
Residential
4,962
Single Family
4,883
Multi-Family
79
Businesses
409
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anne Gain • @properties Christie's International R.E.
Mls Name: MichRIC
Mls ID: #25032803