7443 W Roosevelt RdMontagueMI49437
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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
Total monthly income runs $2,303/mo, and a $3,524/mo payment. Purchase price stands at $720,000, and rental yield measures 3.84% with $2,303/mo rent. Return on cash invested shows 7.67% in year one, and 5% annual appreciation builds toward $198,923 over five years. Five-year ROI reaches 37.73% and total cumulative return in cash records $89,371. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,303/mo property income covering a $3,524/mo payment rather than investor’s personal income.
Single Family
Built in 1960
1.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49437, Montague, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,650 (100%) |
| Owner Occupied HU | 2,595 (71.1%) |
| Renter Occupied HU | 355 ( 9.7%) |
| Vacant Housing Units | 700 (19.2%) |
| Median Home Value | $240,329 |
| Average Home Value | $327,025 |
Housing Distribution
Address Breakdown
Residential
3,213
Single Family
3,102
Multi-Family
111
Businesses
184
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