6888 Sequoia DrIndian RiverMI49749
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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 Indian River at 6888 Sequoia Dr, Indian River, MI, 49749 listed at $424,900 pairs $2,929/mo rent with a $2,080/mo payment to leave $127/mo cash flow. Total monthly income runs $2,929/mo, and annual cash flow reaches $1,520/yr on $140,854 cash to close. Return on cash invested measures 20.99% in year one, and rental yield registers 8.27% at a $424,900 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,392 by year five. Five-year ROI tracks 109.17% and total cumulative return in cash totals $153,765. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,929/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49749, Indian River, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,503 (100%) |
| Owner Occupied HU | 1,674 (47.8%) |
| Renter Occupied HU | 288 ( 8.2%) |
| Vacant Housing Units | 1,541 (44.0%) |
| Median Home Value | $245,946 |
| Average Home Value | $327,195 |
Housing Distribution
Address Breakdown
Residential
2,051
Single Family
2,051
Multi-Family
0
Businesses
215
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Listed by: Gail Rhine • Berkshire Hathaway Homeservices Indian River
Mls Name: WWMLS
Mls ID: #201837829