7291 Sterling RdJeromeMI49249
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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 Jerome at 7291 Sterling Rd, Jerome, MI, 49249 earns $87/mo cash flow from $2,065/mo rent with a $1,468/mo payment. Total monthly income totals $2,065/mo, and annual cash flow totals $1,046/yr on $99,417 capital. ROI tracks 20.96% on current figures, and rental yield reads 8.26% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 109.06% and total cumulative return in cash sums $108,424. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,065/mo property income instead of your personal income.
Single Family
Built in 1978
2.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49249, Jerome, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,882 (100%) |
| Owner Occupied HU | 1,324 (70.4%) |
| Renter Occupied HU | 144 ( 7.7%) |
| Vacant Housing Units | 414 (22.0%) |
| Median Home Value | $254,545 |
| Average Home Value | $286,856 |
Housing Distribution
Address Breakdown
Residential
1,653
Single Family
1,653
Multi-Family
0
Businesses
13
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