7144 N Dagget RdHoward CityMI49329
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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 Howard City at 7144 N Dagget Rd, Howard City, MI, 49329 offers a 8.8% rental yield on a $307,500 purchase with $2,256/mo rent. Total monthly income registers $2,256/mo, and a $1,505/mo payment leaves $228/mo available for distribution. Annual cash flow reaches $2,739/yr on $101,936 to close, and return on cash invested stands at 22.6% in year one. Equity gained on principal adds $1,984/yr while 5% annual appreciation supports $84,957 over five years. Portfolio math shows five-year ROI at 117.82% and total cumulative return in cash at $120,099. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,256/mo property income against a $1,505/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49329, Howard City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,541 (100%) |
| Owner Occupied HU | 2,849 (80.5%) |
| Renter Occupied HU | 403 (11.4%) |
| Vacant Housing Units | 289 ( 8.2%) |
| Median Home Value | $226,108 |
| Average Home Value | $242,401 |
Housing Distribution
Address Breakdown
Residential
3,350
Single Family
3,287
Multi-Family
63
Businesses
168
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Listed by: Beth Cochran Russell • Berkshire Hathaway HomeServices
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #289576
Disclaimer: IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2025 Greater Lansing Association of REALTORS