7938 Otsego CtThompsonvilleMI49683
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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 Thompsonville at 7938 Otsego Ct, Thompsonville, MI, 49683 priced at $749,000 pairs $3,263/mo rent with after a $3,666/mo payment. Total monthly income equals $3,263/mo. Return on cash invested is 11.68% in year one, and rental yield stands at 5.23% on a $749,000 basis. Equity gained on principal adds $4,833/yr, and 5% annual appreciation accumulates to $206,935 by year five. Five-year ROI measures 59.28% and total cumulative return in cash reaches $146,080. For financing, Ziffy Mortgage’s DSCR program evaluates $3,263/mo property income against a $3,666/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2010
0.33 Acres lot
$N/A/sqft
$540 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49683, Thompsonville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,674 (100%) |
| Owner Occupied HU | 872 (52.1%) |
| Renter Occupied HU | 101 ( 6.0%) |
| Vacant Housing Units | 701 (41.9%) |
| Median Home Value | $252,381 |
| Average Home Value | $312,893 |
Housing Distribution
Address Breakdown
Residential
1,090
Single Family
1,090
Multi-Family
0
Businesses
32
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Listed by: Jeffrey Rabidoux • Crystal Mountain Realty
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1930792
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.