7289 Eagle TerMattawanMI49071
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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
Rental property for sale in Mattawan at 7289 Eagle Ter, Mattawan, MI, 49071 generates $3,756/mo in rent and, after a $2,004/mo payment, leaves $1,056/mo in cash flow. Total monthly income is $3,756/mo, and annual cash flow is $12,670/yr on $135,749 invested. Return on cash invested sits at 29.24% in year one, and rental yield is 11.01% on a $409,500 entry. Equity gained on principal adds $2,642/yr, while 5% annual appreciation builds toward $113,137 over five years. Five-year ROI reaches 153.41% and total cumulative return in cash sums $208,258. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,756/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49071, Mattawan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,081 (100%) |
| Owner Occupied HU | 3,469 (85.0%) |
| Renter Occupied HU | 437 (10.7%) |
| Vacant Housing Units | 175 ( 4.3%) |
| Median Home Value | $284,983 |
| Average Home Value | $339,384 |
Housing Distribution
Address Breakdown
Residential
4,289
Single Family
4,241
Multi-Family
48
Businesses
225
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