8780 Huron DrHoward 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
Rental property for sale in Howard City at 8780 Huron Dr, Howard City, MI, 49329 generates $2,592/mo in rent and, after a $1,757/mo payment, leaves $208/mo in cash flow. Total monthly income is $2,592/mo, and annual cash flow is $2,496/yr on $119,008 invested. Return on cash invested sits at 22.01% in year one, and rental yield is 8.66% on a $358,999 entry. Equity gained on principal adds $2,317/yr, while 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 114.72% and total cumulative return in cash sums $136,531. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,592/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
0.28 Acres lot
$N/A/sqft
$200 annually 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: Austin M Hilyer • Five Star Real Estate (Rock)
Mls Name: MichRIC
Mls Provider:
Mls ID: #25011211
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.