6175 E 112th St, Howard City, MI, 49329 | $256/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Howard City at 6175 E 112th St, Howard City, MI, 49329 offers a 8.89% rental yield on a $315,000 purchase with $2,333/mo rent. Total monthly income registers $2,333/mo, and a $1,542/mo payment leaves $256/mo available for distribution. Annual cash flow reaches $3,066/yr on $104,423 to close, and return on cash invested stands at 22.85% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 119.14% and total cumulative return in cash at $124,409. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,333/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1980

4.50 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49329, Howard City, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,541 (100%)
Owner Occupied HU	2,849 (80.5%)
Renter Occupied HU	403 (11.4%)
Vacant Housing Units	289 ( 8.2%)
Median Home Value	$226,108
Average Home Value	$242,401