7735 Bendere RdHickory CornersMI49060
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 Hickory Corners at 7735 Bendere Rd, Hickory Corners, MI, 49060 at $460,000 posts ROI 30.16% with $1,303/mo cash flow from $4,336/mo rent. Total monthly income equals $4,336/mo, and annual cash flow records $15,636/yr on $152,490 to close. Return on cash invested measures 30.16% and rental yield reads 11.31% at the current $460,000. Equity gained on principal adds $2,968/yr, and 5% annual appreciation supports $127,090 by year five. Five-year ROI prints 158.35% and total cumulative return in cash totals $241,465.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,336/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1966
2.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49060, Hickory Corners, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 901 (100%) |
| Owner Occupied HU | 662 (73.5%) |
| Renter Occupied HU | 92 (10.2%) |
| Vacant Housing Units | 147 (16.3%) |
| Median Home Value | $379,532 |
| Average Home Value | $837,696 |
Housing Distribution
Address Breakdown
Residential
847
Single Family
847
Multi-Family
0
Businesses
34
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Nearby investment properties with comparable prices
Listed by: Jeffery Denny • Miller Real Estate
Mls Name: MichRIC
Mls Provider:
Mls ID: #24030000
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.