7566 Red Arrow HwyStevensvilleMI49127
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 Stevensville at 7566 Red Arrow Hwy, Stevensville, MI, 49127 priced at $246,000 converts $2,688/mo rent into $1,066/mo cash flow after a $1,204/mo obligation. Total monthly income equals $2,688/mo, and annual cash flow totals $12,790/yr on $81,549 invested. Return on cash invested prints 35.59% in year one, and rental yield reads 13.11% against a $246,000 entry. Equity gained on principal adds $1,587/yr, while 5% annual appreciation compiles into $67,965 by year five. Five-year ROI reaches 187.47% and total cumulative return in cash sums $152,882. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,688/mo property income covering a $1,204/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49127, Stevensville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,035 (100%) |
| Owner Occupied HU | 3,665 (72.8%) |
| Renter Occupied HU | 825 (16.4%) |
| Vacant Housing Units | 545 (10.8%) |
| Median Home Value | $339,340 |
| Average Home Value | $402,919 |
Housing Distribution
Address Breakdown
Residential
4,962
Single Family
4,883
Multi-Family
79
Businesses
409
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A