9583 W Carter RdSaint HelenMI48656
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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 Saint Helen at 9583 W Carter Rd, Saint Helen, MI, 48656 uses $56,024 cash to close to unlock $1,880/yr annual cash flow and $157/mo monthly cash flow. Total monthly income runs $1,271/mo, and a $827/mo payment keeps the spread at $157/mo. Purchase price stands at $169,000, and rental yield measures 9.02% with $1,271/mo rent. Return on cash invested shows 23.27% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 121.4% and total cumulative return in cash records $68,011. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,271/mo property income covering a $827/mo payment rather than investor’s personal income.
Single Family
Built in 1981
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48656, Saint Helen, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,748 (100%) |
| Owner Occupied HU | 1,657 (44.2%) |
| Renter Occupied HU | 312 ( 8.3%) |
| Vacant Housing Units | 1,779 (47.5%) |
| Median Home Value | $123,157 |
| Average Home Value | $172,382 |
Housing Distribution
Address Breakdown
Residential
2,300
Single Family
2,293
Multi-Family
7
Businesses
91
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Listed by: CHRIS DACK • BENJAMIN REALTY
Mls Name: NGLRMLS
Mls ID: #1937389