8311 N Friegel RdHendersonMI48841
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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 Henderson at 8311 N Friegel Rd, Henderson, MI, 48841 priced at $109,200 converts $0/mo rent into after a $534/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -3.95% in year one, and rental yield reads 0% against a $109,200 entry. Equity gained on principal adds $705/yr, while 5% annual appreciation compiles into $30,170 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $534/mo payment, not borrower’s personal income.
Single Family
Built in 1899
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48841, Henderson, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 325 (100%) |
| Owner Occupied HU | 270 (83.1%) |
| Renter Occupied HU | 36 (11.1%) |
| Vacant Housing Units | 19 ( 5.8%) |
| Median Home Value | $248,958 |
| Average Home Value | $280,944 |
Housing Distribution
Address Breakdown
Residential
313
Single Family
313
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices