6840 Sydney StMuirMI48860
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 Muir at 6840 Sydney St, Muir, MI, 48860 offers $2,188/mo rent that, after a $1,463/mo payment, leaves $196/mo cash flow. Total monthly income is $2,188/mo, and annual cash flow is $2,350/yr on $99,119 cash. Return on cash invested measures 22.28% in year one, and rental yield stands at 8.78% at a $299,000 entry. Equity gained on principal adds $1,929/yr while 5% annual appreciation compounds into $82,608 by year five. Five-year ROI records 116.19% and total cumulative return in cash reaches $115,162. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,188/mo property income versus a $1,463/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
0.36 Acres lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48860, Muir, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 556 (100%) |
| Owner Occupied HU | 425 (76.4%) |
| Renter Occupied HU | 102 (18.3%) |
| Vacant Housing Units | 29 ( 5.2%) |
| Median Home Value | $223,106 |
| Average Home Value | $238,271 |
Housing Distribution
Address Breakdown
Residential
545
Single Family
507
Multi-Family
38
Businesses
13
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