915 W 10th StMioMI48647
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
Investment property for sale in Mio at 915 W 10th St, Mio, MI, 48647 earns $417/mo cash flow from $1,248/mo rent with a $617/mo payment. Total monthly income totals $1,248/mo, and annual cash flow totals $4,999/yr on $41,815 capital. ROI tracks 31.86% on current figures, and rental yield reads 11.87% at a $126,140 purchase. Equity gained on principal adds $814/yr, and 5% annual appreciation supports $34,850 over five years. Five-year ROI reaches 167.54% and total cumulative return in cash sums $70,059. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,248/mo property income instead of your personal income.
Single Family
Built in N/A
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48647, Mio, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,400 (100%) |
| Owner Occupied HU | 1,574 (46.3%) |
| Renter Occupied HU | 278 ( 8.2%) |
| Vacant Housing Units | 1,548 (45.5%) |
| Median Home Value | $164,399 |
| Average Home Value | $197,082 |
Housing Distribution
Address Breakdown
Residential
1,791
Single Family
1,725
Multi-Family
66
Businesses
192
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
