8710 Hagar Shore RdWatervlietMI49098








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
Rental property for sale in Watervliet at 8710 Hagar Shore Rd, Watervliet, MI, 49098 offers $5,069/mo rent that, after a $2,349/mo payment, leaves $1,904/mo cash flow. Total monthly income is $5,069/mo, and annual cash flow is $22,850/yr on $159,087 cash. Return on cash invested measures 34.27% in year one, and rental yield stands at 12.68% at a $479,900 entry. Equity gained on principal adds $3,097/yr while 5% annual appreciation compounds into $132,588 by year five. Five-year ROI records 180.41% and total cumulative return in cash reaches $287,013. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,069/mo property income versus a $2,349/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49098, Watervliet, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,880 (100%) |
| Owner Occupied HU | 1,776 (61.7%) |
| Renter Occupied HU | 544 (18.9%) |
| Vacant Housing Units | 560 (19.4%) |
| Median Home Value | $207,993 |
| Average Home Value | $291,250 |
Housing Distribution
Address Breakdown
Residential
2,643
Single Family
2,548
Multi-Family
95
Businesses
165
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Listed by: Nicholas F Scalise • Windy Mitten Properties LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #24021845
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.








