9341 Short Cut RdIraMI48023
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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 Ira at 9341 Short Cut Rd, Ira, MI, 48023 earns $1,492/mo cash flow from $3,602/mo rent with a $1,566/mo payment. Total monthly income totals $3,602/mo, and annual cash flow totals $17,904/yr on $106,080 capital. ROI tracks 36.79% on current figures, and rental yield reads 13.51% at a $320,000 purchase. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 over five years. Five-year ROI reaches 193.87% and total cumulative return in cash sums $205,659. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,602/mo property income instead of your personal income.
Single Family
Built in 1966
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48023, Fair Haven, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,368 (100%) |
| Owner Occupied HU | 1,730 (73.1%) |
| Renter Occupied HU | 417 (17.6%) |
| Vacant Housing Units | 221 ( 9.3%) |
| Median Home Value | $326,971 |
| Average Home Value | $367,487 |
Housing Distribution
Address Breakdown
Residential
2,203
Single Family
2,203
Multi-Family
0
Businesses
160
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Listed by: Rita Luzynski • KW Platinum
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50178201
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