6748 Co Road CvChampionMI49814
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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
Total monthly income runs $2,255/mo, and a $3,181/mo payment. Purchase price stands at $650,000, and rental yield measures 4.16% with $2,255/mo rent. Return on cash invested shows 8.66% in year one, and 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 43.03% and total cumulative return in cash records $92,030. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,255/mo property income covering a $3,181/mo payment rather than investor’s personal income.
Single Family
Built in 2012
111 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49814, Champion, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,043 (100%) |
| Owner Occupied HU | 579 (55.5%) |
| Renter Occupied HU | 40 ( 3.8%) |
| Vacant Housing Units | 424 (40.7%) |
| Median Home Value | $224,632 |
| Average Home Value | $282,854 |
Housing Distribution
Address Breakdown
Residential
529
Single Family
529
Multi-Family
0
Businesses
17
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Listed by: SHERRY MCCARTHY • RE/MAX 1ST REALTY
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50172959
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