7946 Goodrich StMontagueMI49437
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Montague at 7946 Goodrich St, Montague, MI, 49437 earns from $1,895/mo rent with a $2,056/mo payment. Total monthly income totals $1,895/mo. ROI tracks 7.65% on current figures, and rental yield reads 5.41% at a $420,000 purchase. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,038 over five years. Five-year ROI reaches 39.35% and total cumulative return in cash sums $54,787. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,895/mo property income instead of your personal income.
Single Family
Built in 1945
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49437, Montague, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,650 (100%) |
| Owner Occupied HU | 2,595 (71.1%) |
| Renter Occupied HU | 355 ( 9.7%) |
| Vacant Housing Units | 700 (19.2%) |
| Median Home Value | $240,329 |
| Average Home Value | $327,025 |
Housing Distribution
Address Breakdown
Residential
3,213
Single Family
3,102
Multi-Family
111
Businesses
184
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
