6745 Terry LnHaleMI48739
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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
Investment Highlights
Investment property for sale in Hale at 6745 Terry Ln, Hale, MI, 48739 uses $69,615 cash to close to unlock $3,960/yr annual cash flow and $330/mo monthly cash flow. Total monthly income runs $1,715/mo, and a $1,028/mo payment keeps the spread at $330/mo. Purchase price stands at $210,000, and rental yield measures 9.8% with $1,715/mo rent. Return on cash invested shows 25.6% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 133.86% and total cumulative return in cash records $93,184. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,715/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Manufactured
Built in 1991
10.58 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
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