8488 Vista DrNewaygoMI49337
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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 Newaygo at 8488 Vista Dr, Newaygo, MI, 49337 with 5% annual appreciation on a $292,400 basis while $1,262/mo rent supports operations. 43% in year one. Equity gained on principal adds $1,887/yr, and five-year appreciation sums $80,785 alongside rental yield of 5.18%. Five-year ROI measures 53.01% and total cumulative return in cash totals $51,386. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,262/mo property income versus a $1,431/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49337, Newaygo, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,955 (100%) |
| Owner Occupied HU | 4,674 (67.2%) |
| Renter Occupied HU | 753 (10.8%) |
| Vacant Housing Units | 1,528 (22.0%) |
| Median Home Value | $229,345 |
| Average Home Value | $259,481 |
Housing Distribution
Address Breakdown
Residential
5,800
Single Family
5,604
Multi-Family
196
Businesses
310
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