7892 Blueberry LnJohannesburgMI49751
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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 7892 Blueberry Ln, Johannesburg, MI, 49751 listed at $389,900 pairs $1,986/mo rent with a $1,908/mo payment. Total monthly income runs $1,986/mo. Return on cash invested measures 14.48% in year one, and rental yield registers 6.11% at a $389,900 basis. Equity gained on principal adds $2,516/yr, and annual property appreciation at 5% supports $107,722 by year five. Five-year ROI tracks 74.28% and total cumulative return in cash totals $96,013. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,986/mo property income relative to a $1,908/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
0.94 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: Anna Tomaski • COLDWELL BANKER SCHMIDT GAYLORD
Mls Name: WWMLS
Mls ID: #201838091