7850 Nutrush DrFreelandMI48623
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
Rental property for sale in Freeland at 7850 Nutrush Dr, Freeland, MI, 48623 generates $2,433/mo in rent and, after a $1,772/mo payment, leaves $46/mo in cash flow. Total monthly income is $2,433/mo, and annual cash flow is $547/yr on $120,003 invested. Return on cash invested sits at 20.36% in year one, and rental yield is 8.07% on a $362,000 entry. Equity gained on principal adds $2,336/yr, while 5% annual appreciation builds toward $100,014 over five years. Five-year ROI reaches 105.83% and total cumulative return in cash sums $126,997. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,433/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48623, Freeland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,439 (100%) |
| Owner Occupied HU | 4,603 (84.6%) |
| Renter Occupied HU | 598 (11.0%) |
| Vacant Housing Units | 238 ( 4.4%) |
| Median Home Value | $283,821 |
| Average Home Value | $326,566 |
Housing Distribution
Address Breakdown
Residential
5,234
Single Family
5,234
Multi-Family
0
Businesses
330
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices