6294 100th Ave, Evart, MI, 49631 | 5.82% Rental Yield

For Sale

Ziffy Mortgage

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 Evart at 6294 100th Ave, Evart, MI, 49631 offers a 5.82% rental yield on a $574,900 purchase with $2,788/mo rent. 69% in year one. Equity gained on principal adds $3,710/yr while 5% annual appreciation supports $158,834 over five years. Portfolio math shows five-year ROI at 70.03% and total cumulative return in cash at $132,447. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,788/mo property income against a $2,814/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1993

7.76 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49631, Evart, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,601 (100%)
Owner Occupied HU	1,851 (51.4%)
Renter Occupied HU	511 (14.2%)
Vacant Housing Units	1,239 (34.4%)
Median Home Value	$149,709
Average Home Value	$191,202