7940 Mosherville RdLitchfieldMI49252
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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 Litchfield at 7940 Mosherville Rd, Litchfield, MI, 49252 listed at $142,900 pairs $1,954/mo rent with a $699/mo payment to leave $1,012/mo cash flow. Total monthly income runs $1,954/mo, and annual cash flow reaches $12,145/yr on $47,371 cash to close. Return on cash invested measures 45.55% in year one, and rental yield registers 16.41% at a $142,900 basis. Equity gained on principal adds $922/yr, and annual property appreciation at 5% supports $39,481 by year five. Five-year ROI tracks 240.92% and total cumulative return in cash totals $114,129. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,954/mo property income relative to a $699/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49252, Litchfield, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,163 (100%) |
| Owner Occupied HU | 847 (72.8%) |
| Renter Occupied HU | 257 (22.1%) |
| Vacant Housing Units | 59 ( 5.1%) |
| Median Home Value | $150,107 |
| Average Home Value | $184,383 |
Housing Distribution
Address Breakdown
Residential
1,040
Single Family
1,016
Multi-Family
24
Businesses
79
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Listed by: Ron Aemisegger • RE/MAX Preferred Realty
Mls Name: MichRIC
Mls Provider:
Mls ID: #24056454
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.