8100 Jericho RdBridgmanMI49106
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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 Bridgman at 8100 Jericho Rd, Bridgman, MI, 49106 uses $132,269 cash to close to unlock $2,576/yr annual cash flow and $215/mo monthly cash flow. Total monthly income runs $2,846/mo, and a $1,953/mo payment keeps the spread at $215/mo. Purchase price stands at $399,000, and rental yield measures 8.56% with $2,846/mo rent. Return on cash invested shows 21.86% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 113.82% and total cumulative return in cash records $150,554. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,846/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Multi Family
Built in 1920
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49106, Bridgman, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,220 (100%) |
| Owner Occupied HU | 1,461 (65.8%) |
| Renter Occupied HU | 372 (16.8%) |
| Vacant Housing Units | 387 (17.4%) |
| Median Home Value | $296,944 |
| Average Home Value | $355,914 |
Housing Distribution
Address Breakdown
Residential
2,215
Single Family
2,066
Multi-Family
149
Businesses
156
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