75 W Wilson RdScottvilleMI49454
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Scottville at 75 W Wilson Rd, Scottville, MI, 49454 priced at $242,500 pairs $2,104/mo rent with $505/mo cash flow after a $1,187/mo payment. Total monthly income equals $2,104/mo, and annual cash flow comes to $6,057/yr on $80,389 invested. Return on cash invested is 27.44% in year one, and rental yield stands at 10.41% on a $242,500 basis. Equity gained on principal adds $1,565/yr, and 5% annual appreciation accumulates to $66,998 by year five. Five-year ROI measures 143.79% and total cumulative return in cash reaches $115,591. For financing, Ziffy Mortgage’s DSCR program evaluates $2,104/mo property income against a $1,187/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1973
12.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49454, Scottville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,062 (100%) |
| Owner Occupied HU | 1,528 (74.1%) |
| Renter Occupied HU | 298 (14.5%) |
| Vacant Housing Units | 236 (11.4%) |
| Median Home Value | $197,500 |
| Average Home Value | $236,271 |
Housing Distribution
Address Breakdown
Residential
1,907
Single Family
1,811
Multi-Family
96
Businesses
140
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Nearby investment properties with comparable prices
Listed by: James Jackson • Real Broker LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #25050784
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.