8124 Deadstream Rd #7HonorMI49640
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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 Honor at 8124 Deadstream Rd #7, Honor, MI, 49640 listed at $294,900 pairs $1,410/mo rent with a $1,443/mo payment. Total monthly income runs $1,410/mo. Return on cash invested measures 13.35% in year one, and rental yield registers 5.74% at a $294,900 basis. Equity gained on principal adds $1,903/yr, and annual property appreciation at 5% supports $81,475 by year five. Five-year ROI tracks 68.19% and total cumulative return in cash totals $66,667. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,410/mo property income relative to a $1,443/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2014
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49640, Honor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,514 (100%) |
| Owner Occupied HU | 710 (46.9%) |
| Renter Occupied HU | 78 ( 5.2%) |
| Vacant Housing Units | 726 (48.0%) |
| Median Home Value | $356,069 |
| Average Home Value | $416,218 |
Housing Distribution
Address Breakdown
Residential
863
Single Family
863
Multi-Family
0
Businesses
77
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