7885 W Fox RdMearsMI49436
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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
Rental property for sale in Mears at 7885 W Fox Rd, Mears, MI, 49436 priced at $300,000 converts $2,108/mo rent into $130/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,108/mo, and annual cash flow totals $1,560/yr on $99,450 invested. Return on cash invested prints 21.48% in year one, and rental yield reads 8.43% against a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation compiles into $82,884 by year five. Five-year ROI reaches 111.77% and total cumulative return in cash sums $111,156. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,108/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Manufactured
Built in 1974
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49436, Mears, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,262 (100%) |
| Owner Occupied HU | 646 (28.6%) |
| Renter Occupied HU | 110 ( 4.9%) |
| Vacant Housing Units | 1,506 (66.6%) |
| Median Home Value | $284,810 |
| Average Home Value | $407,074 |
Housing Distribution
Address Breakdown
Residential
1,156
Single Family
1,156
Multi-Family
0
Businesses
50
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