8607 Cochise CtHoward CityMI49329
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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
Rental property for sale in Howard City at 8607 Cochise Ct, Howard City, MI, 49329 priced at $258,000 pairs $1,555/mo rent with after a $1,263/mo payment. Total monthly income equals $1,555/mo. Return on cash invested is 17.85% in year one, and rental yield stands at 7.23% on a $258,000 basis. Equity gained on principal adds $1,665/yr, and 5% annual appreciation accumulates to $71,281 by year five. Five-year ROI measures 92.37% and total cumulative return in cash reaches $78,998. For financing, Ziffy Mortgage’s DSCR program evaluates $1,555/mo property income against a $1,263/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1980
0.57 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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Listed by: Joseph McNally • RE/MAX TOGETHER
Mls Name: MichRIC
Mls Provider:
Mls ID: #25021063
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.