8429 E Us Highway 10ChaseMI49623
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Chase at 8429 E Us Highway 10, Chase, MI, 49623 listed at $119,900 pairs $911/mo rent with a $587/mo payment to leave $120/mo cash flow. Total monthly income runs $911/mo, and annual cash flow reaches $1,442/yr on $39,747 cash to close. Return on cash invested measures 23.54% in year one, and rental yield registers 9.12% at a $119,900 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,126 by year five. Five-year ROI tracks 122.94% and total cumulative return in cash totals $48,864. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $911/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49623, Chase, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 787 (100%) |
| Owner Occupied HU | 477 (60.6%) |
| Renter Occupied HU | 65 ( 8.3%) |
| Vacant Housing Units | 245 (31.1%) |
| Median Home Value | $151,786 |
| Average Home Value | $209,581 |
Housing Distribution
Address Breakdown
Residential
477
Single Family
477
Multi-Family
0
Businesses
11
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