8549 Demerly RdBenzoniaMI49616
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 Benzonia at 8549 Demerly Rd, Benzonia, MI, 49616 uses $132,269 cash to close to unlock $10,688/yr annual cash flow and $891/mo monthly cash flow. Total monthly income runs $3,522/mo, and a $1,953/mo payment keeps the spread at $891/mo. Purchase price stands at $399,000, and rental yield measures 10.59% with $3,522/mo rent. Return on cash invested shows 27.99% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 146.71% and total cumulative return in cash records $194,054. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,522/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Single Family
Built in 2023
9.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49616, Benzonia, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,109 (100%) |
| Owner Occupied HU | 767 (69.2%) |
| Renter Occupied HU | 107 ( 9.6%) |
| Vacant Housing Units | 235 (21.2%) |
| Median Home Value | $269,000 |
| Average Home Value | $347,846 |
Housing Distribution
Address Breakdown
Residential
885
Single Family
885
Multi-Family
0
Businesses
106
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices