9 Mile RdRemusMI49340
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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 Remus at 9 Mile Rd, Remus, MI, 49340 priced at $489,900 pairs $1,202/mo rent with after a $2,398/mo payment. Total monthly income equals $1,202/mo. Return on cash invested is 4.92% in year one, and rental yield stands at 2.94% on a $489,900 basis. Equity gained on principal adds $3,161/yr, and 5% annual appreciation accumulates to $135,350 by year five. Five-year ROI measures 23.01% and total cumulative return in cash reaches $37,361. For financing, Ziffy Mortgage’s DSCR program evaluates $1,202/mo property income against a $2,398/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49340, Remus, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,331 (100%) |
| Owner Occupied HU | 1,047 (78.7%) |
| Renter Occupied HU | 160 (12.0%) |
| Vacant Housing Units | 124 ( 9.3%) |
| Median Home Value | $196,680 |
| Average Home Value | $219,105 |
Housing Distribution
Address Breakdown
Residential
1,209
Single Family
1,160
Multi-Family
49
Businesses
64
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