8473 W One Mile RdHesperiaMI49421
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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 Hesperia at 8473 W One Mile Rd, Hesperia, MI, 49421 earns $259/mo cash flow from $1,562/mo rent with a $967/mo payment. Total monthly income totals $1,562/mo, and annual cash flow totals $3,111/yr on $65,471 capital. ROI tracks 24.66% on current figures, and rental yield reads 9.49% at a $197,500 purchase. Equity gained on principal adds $1,274/yr, and 5% annual appreciation supports $54,566 over five years. Five-year ROI reaches 128.91% and total cumulative return in cash sums $84,399. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,562/mo property income instead of your personal income.
Single Family
Built in 1940
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49421, Hesperia, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,963 (100%) |
| Owner Occupied HU | 2,022 (68.2%) |
| Renter Occupied HU | 326 (11.0%) |
| Vacant Housing Units | 615 (20.8%) |
| Median Home Value | $173,111 |
| Average Home Value | $207,914 |
Housing Distribution
Address Breakdown
Residential
2,436
Single Family
2,307
Multi-Family
129
Businesses
70
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