7920 8 1/2 Mile RdCerescoMI49033
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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 Ceresco at 7920 8 1/2 Mile Rd, Ceresco, MI, 49033 earns $277/mo cash flow from $2,717/mo rent with a $1,811/mo payment. Total monthly income totals $2,717/mo, and annual cash flow totals $3,324/yr on $122,655 capital. ROI tracks 22.62% on current figures, and rental yield reads 8.81% at a $370,000 purchase. Equity gained on principal adds $2,388/yr, and 5% annual appreciation supports $102,224 over five years. Five-year ROI reaches 117.9% and total cumulative return in cash sums $144,605. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,717/mo property income instead of your personal income.
Single Family
Built in 1975
5.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49033, Ceresco, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 756 (100%) |
| Owner Occupied HU | 646 (85.4%) |
| Renter Occupied HU | 59 ( 7.8%) |
| Vacant Housing Units | 51 ( 6.7%) |
| Median Home Value | $264,220 |
| Average Home Value | $376,861 |
Housing Distribution
Address Breakdown
Residential
721
Single Family
721
Multi-Family
0
Businesses
13
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