7602 Hoadley RdBenzoniaMI49616
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
Investment property for sale in Benzonia at 7602 Hoadley Rd, Benzonia, MI, 49616 at $240,000 posts ROI 34.78% with $986/mo cash flow from $2,569/mo rent. Total monthly income equals $2,569/mo, and annual cash flow records $11,832/yr on $79,560 to close. Return on cash invested measures 34.78% and rental yield reads 12.85% at the current $240,000. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 by year five. Five-year ROI prints 183.11% and total cumulative return in cash totals $145,682.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,569/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1974
2.80 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert Brick • REMAX Bayshore - W Bay Shore Dr TC
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1932563
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.