607 Jefferson RdHOPKINSMI49328
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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
Rental property for sale in HOPKINS at 607 Jefferson Rd, HOPKINS, MI, 49328 priced at $349,999 pairs $1,451/mo rent with after a $1,713/mo payment. Total monthly income equals $1,451/mo. Return on cash invested is 11.05% in year one, and rental yield stands at 4.97% on a $349,999 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,698 by year five. Five-year ROI measures 55.83% and total cumulative return in cash reaches $64,778. For financing, Ziffy Mortgage’s DSCR program evaluates $1,451/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1947
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49328, Hopkins, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,641 (100%) |
| Owner Occupied HU | 1,370 (83.5%) |
| Renter Occupied HU | 177 (10.8%) |
| Vacant Housing Units | 94 ( 5.7%) |
| Median Home Value | $287,900 |
| Average Home Value | $313,617 |
Housing Distribution
Address Breakdown
Residential
1,771
Single Family
1,580
Multi-Family
191
Businesses
71
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