8199 Hunters Ridge DrNewportMI48166
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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
Rental property for sale in Newport at 8199 Hunters Ridge Dr, Newport, MI, 48166 priced at $590,000 pairs $3,095/mo rent with after a $2,888/mo payment. Total monthly income equals $3,095/mo. Return on cash invested is 15.14% in year one, and rental yield stands at 6.29% on a $590,000 basis. Equity gained on principal adds $3,807/yr, and 5% annual appreciation accumulates to $163,006 by year five. Five-year ROI measures 77.75% and total cumulative return in cash reaches $150,928. For financing, Ziffy Mortgage’s DSCR program evaluates $3,095/mo property income against a $2,888/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48166, Newport, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,410 (100%) |
| Owner Occupied HU | 4,164 (77.0%) |
| Renter Occupied HU | 1,007 (18.6%) |
| Vacant Housing Units | 239 ( 4.4%) |
| Median Home Value | $263,468 |
| Average Home Value | $257,188 |
Housing Distribution
Address Breakdown
Residential
5,226
Single Family
4,686
Multi-Family
540
Businesses
135
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