8750 Shore DrWatervlietMI49098
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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 Watervliet at 8750 Shore Dr, Watervliet, MI, 49098 priced at $695,000 pairs $2,478/mo rent with after a $3,402/mo payment. Total monthly income equals $2,478/mo. Return on cash invested is 9.01% in year one, and rental yield stands at 4.28% on a $695,000 basis. Equity gained on principal adds $4,485/yr, and 5% annual appreciation accumulates to $192,016 by year five. Five-year ROI measures 44.91% and total cumulative return in cash reaches $102,678. For financing, Ziffy Mortgage’s DSCR program evaluates $2,478/mo property income against a $3,402/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1952
0.36 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
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Listed by: Anne S Odden • @properties Christie's International R.E.
Mls Name: MichRIC
Mls Provider:
Mls ID: #25018038
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.