8020 E 98th StHoward CityMI49329
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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 Howard City at 8020 E 98th St, Howard City, MI, 49329 earns from $1,901/mo rent with a $2,447/mo payment. Total monthly income totals $1,901/mo. ROI tracks 9.8% on current figures, and rental yield reads 4.56% at a $500,000 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 over five years. Five-year ROI reaches 49.16% and total cumulative return in cash sums $81,488. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,901/mo property income instead of your personal income.
Single Family
Built in 1978
10 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 |
Housing Distribution
Address Breakdown
Residential
3,350
Single Family
3,287
Multi-Family
63
Businesses
168
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Listed by: Mary Jane Schultz • Coldwell Banker Schmidt Realtors
Mls Name: MichRIC
Mls ID: #25055650