7654 M 32 EJohannesburgMI49751
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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 Johannesburg at 7654 M 32 E, Johannesburg, MI, 49751 uses $102,732 cash to close to unlock $4,910/yr annual cash flow and $409/mo monthly cash flow. Total monthly income runs $2,453/mo, and a $1,517/mo payment keeps the spread at $409/mo. Purchase price stands at $309,900, and rental yield measures 9.5% with $2,453/mo rent. Return on cash invested shows 24.69% in year one, and 5% annual appreciation builds toward $85,620 over five years. Five-year ROI reaches 129.05% and total cumulative return in cash records $132,576. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,453/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Single Family
Built in N/A
30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49751, Johannesburg, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,998 (100%) |
| Owner Occupied HU | 807 (40.4%) |
| Renter Occupied HU | 71 ( 3.6%) |
| Vacant Housing Units | 1,120 (56.1%) |
| Median Home Value | $246,101 |
| Average Home Value | $268,259 |
Housing Distribution
Address Breakdown
Residential
943
Single Family
943
Multi-Family
0
Businesses
49
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Listed by: Jamie Kurth • smith realty GROUP
Mls Name: WWMLS
Mls ID: #201834506