7458 Swan Creek RdNewportMI48166
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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 Newport at 7458 Swan Creek Rd, Newport, MI, 48166 offers a 10.75% rental yield on a $224,900 purchase with $2,014/mo rent. Total monthly income registers $2,014/mo, and a $1,101/mo payment leaves $531/mo available for distribution. Annual cash flow reaches $6,368/yr on $74,554 to close, and return on cash invested stands at 28.45% in year one. Equity gained on principal adds $1,451/yr while 5% annual appreciation supports $62,136 over five years. Portfolio math shows five-year ROI at 149.18% and total cumulative return in cash at $111,217. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,014/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48166, Newport, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,410 (100%) |
| Owner Occupied HU | 4,164 (77.0%) |
| Renter Occupied HU | 1,007 (18.6%) |
| Vacant Housing Units | 239 ( 4.4%) |
| Median Home Value | $263,468 |
| Average Home Value | $257,188 |
Housing Distribution
Address Breakdown
Residential
5,226
Single Family
4,686
Multi-Family
540
Businesses
135
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