7421 Walker StBenzoniaMI49616
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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 Benzonia at 7421 Walker St, Benzonia, MI, 49616 generates $966/mo in rent and, after a $612/mo payment, leaves $142/mo in cash flow. Total monthly income is $966/mo, and annual cash flow is $1,698/yr on $41,438 invested. Return on cash invested sits at 24.01% in year one, and rental yield is 9.27% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 125.43% and total cumulative return in cash sums $51,977. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $966/mo property income rather than buyer’s personal income.
Manufactured
Built in 2001
1.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49616, Benzonia, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,109 (100%) |
| Owner Occupied HU | 767 (69.2%) |
| Renter Occupied HU | 107 ( 9.6%) |
| Vacant Housing Units | 235 (21.2%) |
| Median Home Value | $269,000 |
| Average Home Value | $347,846 |
Housing Distribution
Address Breakdown
Residential
885
Single Family
885
Multi-Family
0
Businesses
106
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