8872 Hidden Harbor DrRodneyMI49342
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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 Rodney at 8872 Hidden Harbor Dr, Rodney, MI, 49342 priced at $569,900 converts $3,728/mo rent into after a $2,789/mo obligation. Total monthly income equals $3,728/mo. Return on cash invested prints 19.6% in year one, and rental yield reads 7.85% against a $569,900 entry. Equity gained on principal adds $3,677/yr, while 5% annual appreciation compiles into $157,453 by year five. Five-year ROI reaches 101.8% and total cumulative return in cash sums $190,878. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,728/mo property income covering a $2,789/mo payment, not borrower’s personal income.
Single Family
Built in 2005
0.49 Acres lot
$N/A/sqft
$42 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49342, Rodney, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 968 (100%) |
| Owner Occupied HU | 545 (56.3%) |
| Renter Occupied HU | 68 ( 7.0%) |
| Vacant Housing Units | 355 (36.7%) |
| Median Home Value | $192,788 |
| Average Home Value | $225,697 |
Housing Distribution
Address Breakdown
Residential
763
Single Family
763
Multi-Family
0
Businesses
15
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