7671 Kies RdJeromeMI49249
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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 Jerome at 7671 Kies Rd, Jerome, MI, 49249 uses $76,908 cash to close to unlock $5,911/yr annual cash flow and $493/mo monthly cash flow. Total monthly income runs $2,023/mo, and a $1,136/mo payment keeps the spread at $493/mo. Purchase price stands at $232,000, and rental yield measures 10.46% with $2,023/mo rent. Return on cash invested shows 27.6% in year one, and 5% annual appreciation builds toward $64,097 over five years. Five-year ROI reaches 144.61% and total cumulative return in cash records $111,215. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,023/mo property income covering a $1,136/mo payment rather than investor’s personal income.
Single Family
Built in 2011
3.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49249, Jerome, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,882 (100%) |
| Owner Occupied HU | 1,324 (70.4%) |
| Renter Occupied HU | 144 ( 7.7%) |
| Vacant Housing Units | 414 (22.0%) |
| Median Home Value | $254,545 |
| Average Home Value | $286,856 |
Housing Distribution
Address Breakdown
Residential
1,653
Single Family
1,653
Multi-Family
0
Businesses
13
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