8988 Klein RdHillmanMI49746
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 Hillman at 8988 Klein Rd, Hillman, MI, 49746 generates $1,252/mo in rent and, after a $636/mo payment, leaves $395/mo in cash flow. Total monthly income is $1,252/mo, and annual cash flow is $4,740/yr on $43,095 invested. Return on cash invested sits at 30.91% in year one, and rental yield is 11.56% on a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 162.35% and total cumulative return in cash sums $69,963. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,252/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
2.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49746, Hillman, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,754 (100%) |
| Owner Occupied HU | 1,468 (53.3%) |
| Renter Occupied HU | 205 ( 7.4%) |
| Vacant Housing Units | 1,081 (39.3%) |
| Median Home Value | $171,314 |
| Average Home Value | $215,562 |
Housing Distribution
Address Breakdown
Residential
1,686
Single Family
1,644
Multi-Family
42
Businesses
108
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices