8249 Judevine RdPaloMI48870
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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 Palo at 8249 Judevine Rd, Palo, MI, 48870 generates $1,305/mo in rent and, after a $832/mo payment, leaves $184/mo in cash flow. Total monthly income is $1,305/mo, and annual cash flow is $2,208/yr on $56,355 invested. Return on cash invested sits at 23.83% in year one, and rental yield is 9.21% on a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 124.39% and total cumulative return in cash sums $70,101. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,305/mo property income rather than buyer’s personal income.
Single Family
Built in 1903
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48870, Palo, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 84 (100%) |
| Owner Occupied HU | 74 (88.1%) |
| Renter Occupied HU | 10 (11.9%) |
| Vacant Housing Units | 0 |
| Median Home Value | $260,000 |
| Average Home Value | $301,047 |
Housing Distribution
Address Breakdown
Residential
81
Single Family
81
Multi-Family
0
Businesses
0
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