823 Sims StDe Tour VillageMI49725
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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 De Tour Village at 823 Sims St, De Tour Village, MI, 49725 earns $126/mo cash flow from $891/mo rent with a $568/mo payment. Total monthly income totals $891/mo, and annual cash flow totals $1,510/yr on $38,454 capital. ROI tracks 23.83% on current figures, and rental yield reads 9.22% at a $116,000 purchase. Equity gained on principal adds $749/yr, and 5% annual appreciation supports $32,049 over five years. Five-year ROI reaches 124.42% and total cumulative return in cash sums $47,843. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $891/mo property income instead of your personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49725, De Tour Village, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 814 (100%) |
| Owner Occupied HU | 326 (40.0%) |
| Renter Occupied HU | 18 ( 2.2%) |
| Vacant Housing Units | 470 (57.7%) |
| Median Home Value | $252,381 |
| Average Home Value | $268,351 |
Housing Distribution
Address Breakdown
Residential
250
Single Family
250
Multi-Family
0
Businesses
52
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Listed by: Suzanne Sasso Kuusinen • Drummond Island Realty
Mls Name: RMLS Multi-List
Mls Provider:
Mls ID: #388-25-0036