9144 E Hoxie RdCedarMI49621
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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
Investment property for sale in Cedar at 9144 E Hoxie Rd, Cedar, MI, 49621 earns $6/mo cash flow from $3,560/mo rent with a $2,638/mo payment. Total monthly income totals $3,560/mo, and annual cash flow totals $68/yr on $177,331 capital. ROI tracks 20.1% on current figures, and rental yield reads 7.93% at a $539,000 purchase. Equity gained on principal adds $3,478/yr, and 5% annual appreciation supports $148,916 over five years. Five-year ROI reaches 104.37% and total cumulative return in cash sums $185,076. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,560/mo property income instead of your personal income.
Single Family
Built in 1995
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49621, Cedar, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,910 (100%) |
| Owner Occupied HU | 1,237 (64.8%) |
| Renter Occupied HU | 156 ( 8.2%) |
| Vacant Housing Units | 517 (27.1%) |
| Median Home Value | $371,675 |
| Average Home Value | $468,618 |
Housing Distribution
Address Breakdown
Residential
1,541
Single Family
1,541
Multi-Family
0
Businesses
56
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