6446 Hickory Rd, Johannesburg, MI, 49751 | 7.86% Rental Yield

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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

Total monthly income runs $1,566/mo, and a $1,170/mo payment. Purchase price stands at $239,000, and rental yield measures 7.86% with $1,566/mo rent. Return on cash invested shows 19.75% in year one, and 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 102.55% and total cumulative return in cash records $81,252. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,566/mo property income covering a $1,170/mo payment rather than investor’s personal income.

Single Family

Built in N/A

1.42 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49751, Johannesburg, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,998 (100%)
Owner Occupied HU	807 (40.4%)
Renter Occupied HU	71 ( 3.6%)
Vacant Housing Units	1,120 (56.1%)
Median Home Value	$246,101
Average Home Value	$268,259