8595 Gatewood RdHoward CityMI49329
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 Howard City at 8595 Gatewood Rd, Howard City, MI, 49329 earns $288/mo cash flow from $3,090/mo rent with a $2,080/mo payment. Total monthly income totals $3,090/mo, and annual cash flow totals $3,453/yr on $140,846 capital. ROI tracks 22.36% on current figures, and rental yield reads 8.73% at a $424,876 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,385 over five years. Five-year ROI reaches 116.52% and total cumulative return in cash sums $164,114. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,090/mo property income instead of your personal income.
Single Family
Built in 1996
9.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49329, Howard City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,541 (100%) |
| Owner Occupied HU | 2,849 (80.5%) |
| Renter Occupied HU | 403 (11.4%) |
| Vacant Housing Units | 289 ( 8.2%) |
| Median Home Value | $226,108 |
| Average Home Value | $242,401 |
Housing Distribution
Address Breakdown
Residential
3,350
Single Family
3,287
Multi-Family
63
Businesses
168
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Nearby investment properties with comparable prices
Listed by: Michael D Rundhaug • Berkshire Hathaway HomeServices Michigan Real Estate (South)
Mls Name: MichRIC
Mls ID: #25051257