6358 McGillicuddy LnPortageMI49024
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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 Portage at 6358 McGillicuddy Ln, Portage, MI, 49024 with 5% annual appreciation on a $724,900 basis while $4,858/mo rent supports operations. Total monthly income totals $4,858/mo and a $3,548/mo payment preserves $23/mo for cash returns. Annual cash flow comes to $272/yr on $238,492 deployed, and return on cash invested reaches 20.17% in year one. Equity gained on principal adds $4,678/yr, and five-year appreciation sums $200,277 alongside rental yield of 8.04%. Five-year ROI measures 104.87% and total cumulative return in cash totals $250,101.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,858/mo property income versus a $3,548/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2011
0.36 Acres lot
$N/A/sqft
$55 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49024, Portage, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,522 (100%) |
| Owner Occupied HU | 8,953 (66.2%) |
| Renter Occupied HU | 3,895 (28.8%) |
| Vacant Housing Units | 674 ( 5.0%) |
| Median Home Value | $300,516 |
| Average Home Value | $336,610 |
Housing Distribution
Address Breakdown
Residential
13,102
Single Family
11,134
Multi-Family
1,968
Businesses
800
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