8190 Shenandoah LnHoward CityMI49329
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
Total monthly income runs $2,196/mo, and a $1,713/mo payment. Purchase price stands at $349,900, and rental yield measures 7.53% with $2,196/mo rent. Return on cash invested shows 18.58% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 96.32% and total cumulative return in cash records $111,726. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,196/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1970
7,840 sqft lot
$N/A/sqft
$200 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mark Brock • Coldwell Banker Schmidt Newaygo
Mls Name: MichRIC
Mls Provider:
Mls ID: #25023507
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.