8030 W Peterson RdIronsMI49644
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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 Irons at 8030 W Peterson Rd, Irons, MI, 49644 with 5% annual appreciation on a $124,900 basis while $993/mo rent supports operations. Total monthly income totals $993/mo and a $611/mo payment preserves $170/mo for cash returns. Annual cash flow comes to $2,036/yr on $41,404 deployed, and return on cash invested reaches 24.83% in year one. Equity gained on principal adds $806/yr, and five-year appreciation sums $34,508 alongside rental yield of 9.54%. Five-year ROI measures 129.78% and total cumulative return in cash totals $53,734.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $993/mo property income versus a $611/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2002
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49644, Irons, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,027 (100%) |
| Owner Occupied HU | 890 (29.4%) |
| Renter Occupied HU | 78 ( 2.6%) |
| Vacant Housing Units | 2,059 (68.0%) |
| Median Home Value | $185,507 |
| Average Home Value | $223,949 |
Housing Distribution
Address Breakdown
Residential
1,182
Single Family
1,182
Multi-Family
0
Businesses
49
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