7924 Powell Dr, Howard City, MI, 49329 | $153/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
1165 sft

153 Maple St NW, Sparta, MI, 49345

3 Bed
1 Bath
960 sft

3813 N Poplar Ave, White Cloud, MI, 49349

3 Bed
1 Bath
1000 sft

423 Fuller Ave, Big Rapids, MI, 49307

3 Bed
2 Bath
1152 sft

517 Ives Ave, Big Rapids, MI, 49307

Nearby investment properties with comparable prices

3 Bed
1 Bath
930 sft

252 Jeffrey St, Cedar Springs, MI, 49319

3 Bed
2 Bath
1352 sft

The Redbud Plan, Oaks of Rockford, Rockford, MI, 49341

3 Bed
2 Bath
1162 sft

1408 E Pine Hill Ave, White Cloud, MI, 49349

3 Bed
2 Bath
1344 sft

235 E 120th St, Grant, MI, 49327

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Howard City at 7924 Powell Dr, Howard City, MI, 49329 uses $82,842 cash to close to unlock $1,838/yr annual cash flow and $153/mo monthly cash flow. Total monthly income runs $1,801/mo, and a $1,223/mo payment keeps the spread at $153/mo. Purchase price stands at $249,900, and rental yield measures 8.65% with $1,801/mo rent. Return on cash invested shows 22.13% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 115.32% and total cumulative return in cash records $95,534. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,801/mo property income covering a $1,223/mo payment rather than investor’s personal income.

Manufactured

Built in 1998

4.44 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49329, Howard City, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,541 (100%)
Owner Occupied HU	2,849 (80.5%)
Renter Occupied HU	403 (11.4%)
Vacant Housing Units	289 ( 8.2%)
Median Home Value	$226,108
Average Home Value	$242,401