8598 Garbow Rd, Howard City, MI, 49329 | $174/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Howard City at 8598 Garbow Rd, Howard City, MI, 49329 offers a 9.46% rental yield on a $135,000 purchase with $1,064/mo rent. Total monthly income registers $1,064/mo, and a $661/mo payment leaves $174/mo available for distribution. Annual cash flow reaches $2,082/yr on $44,753 to close, and return on cash invested stands at 24.56% in year one. Equity gained on principal adds $871/yr while 5% annual appreciation supports $37,298 over five years. Portfolio math shows five-year ROI at 128.39% and total cumulative return in cash at $57,457. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,064/mo property income against a $661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1900

6.50 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