6766 Blackhill StChampionMI49814
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
Rental property for sale in Champion at 6766 Blackhill St, Champion, MI, 49814 priced at $375,000 converts $1,430/mo rent into after a $1,835/mo obligation. Total monthly income equals $1,430/mo. Return on cash invested prints 9.85% in year one, and rental yield reads 4.58% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 49.42% and total cumulative return in cash sums $61,431. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,430/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in N/A
32.97 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices