6609 Slosser RdHaleMI48739
Nearby investment properties with comparable rents
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 Hale at 6609 Slosser Rd, Hale, MI, 48739 uses $119,340 cash to close to unlock $13,908/yr annual cash flow and $1,159/mo monthly cash flow. Total monthly income runs $3,533/mo, and a $1,762/mo payment keeps the spread at $1,159/mo. Purchase price stands at $360,000, and rental yield measures 11.78% with $3,533/mo rent. Return on cash invested shows 31.56% in year one, and 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 165.86% and total cumulative return in cash records $197,937. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,533/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 1964
57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48739, Hale, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,225 (100%) |
| Owner Occupied HU | 1,619 (38.3%) |
| Renter Occupied HU | 205 ( 4.9%) |
| Vacant Housing Units | 2,401 (56.8%) |
| Median Home Value | $188,876 |
| Average Home Value | $215,741 |
Housing Distribution
Address Breakdown
Residential
2,212
Single Family
2,212
Multi-Family
0
Businesses
111
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices