838 Able Rd, Buchanan, MI, 49107 | 6.64% Rental Yield

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NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $3,246/mo, and a $2,873/mo payment. Purchase price stands at $587,000, and rental yield measures 6.64% with $3,246/mo rent. Return on cash invested shows 16.18% in year one, and 5% annual appreciation builds toward $162,177 over five years. Five-year ROI reaches 83.36% and total cumulative return in cash records $160,978. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,246/mo property income covering a $2,873/mo payment rather than investor’s personal income.

Single Family

Built in 1986

4.30 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49107, Buchanan, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,615 (100%)
Owner Occupied HU	3,148 (68.2%)
Renter Occupied HU	868 (18.8%)
Vacant Housing Units	599 (13.0%)
Median Home Value	$247,959
Average Home Value	$345,785