7618 N M 52HendersonMI48841
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 Henderson at 7618 N M 52, Henderson, MI, 48841 offers a 10.53% rental yield on a $229,900 purchase with $2,017/mo rent. Total monthly income registers $2,017/mo, and a $1,125/mo payment leaves $501/mo available for distribution. Annual cash flow reaches $6,014/yr on $76,212 to close, and return on cash invested stands at 27.8% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,517 over five years. Portfolio math shows five-year ROI at 145.76% and total cumulative return in cash at $111,083. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,017/mo property income against a $1,125/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
4.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48841, Henderson, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 325 (100%) |
| Owner Occupied HU | 270 (83.1%) |
| Renter Occupied HU | 36 (11.1%) |
| Vacant Housing Units | 19 ( 5.8%) |
| Median Home Value | $248,958 |
| Average Home Value | $280,944 |
Housing Distribution
Address Breakdown
Residential
313
Single Family
313
Multi-Family
0
Businesses
14
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