6936 Church RdFair HavenMI48023
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
Investment property for sale in Fair Haven at 6936 Church Rd, Fair Haven, MI, 48023 with 5% annual appreciation on a $300,000 basis while $2,173/mo rent supports operations. Total monthly income totals $2,173/mo and a $1,468/mo payment preserves $195/mo for cash returns. Annual cash flow comes to $2,340/yr on $99,450 deployed, and return on cash invested reaches 22.26% in year one. Equity gained on principal adds $1,936/yr, and five-year appreciation sums $82,884 alongside rental yield of 8.69%. Five-year ROI measures 115.98% and total cumulative return in cash totals $115,344.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,173/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48023, Fair Haven, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,368 (100%) |
| Owner Occupied HU | 1,730 (73.1%) |
| Renter Occupied HU | 417 (17.6%) |
| Vacant Housing Units | 221 ( 9.3%) |
| Median Home Value | $326,971 |
| Average Home Value | $367,487 |
Housing Distribution
Address Breakdown
Residential
2,203
Single Family
2,203
Multi-Family
0
Businesses
160
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Diane Fenchel • KW Platinum
Mls Name: MiRealSource
Mls ID: #50196563