9584 Us Highway 41ChampionMI49814
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 Champion at 9584 Us Highway 41, Champion, MI, 49814 offers a 14.49% rental yield on a $266,000 purchase with $3,212/mo rent. Total monthly income registers $3,212/mo, and a $1,302/mo payment leaves $1,458/mo available for distribution. Annual cash flow reaches $17,494/yr on $88,179 to close, and return on cash invested stands at 39.75% in year one. Equity gained on principal adds $1,716/yr while 5% annual appreciation supports $73,491 over five years. Portfolio math shows five-year ROI at 209.76% and total cumulative return in cash at $184,961. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,212/mo property income against a $1,302/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
19.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49814, Champion, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,043 (100%) |
| Owner Occupied HU | 579 (55.5%) |
| Renter Occupied HU | 40 ( 3.8%) |
| Vacant Housing Units | 424 (40.7%) |
| Median Home Value | $224,632 |
| Average Home Value | $282,854 |
Housing Distribution
Address Breakdown
Residential
529
Single Family
529
Multi-Family
0
Businesses
17
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Listed by: MICHAEL GOLISEK • RE/MAX 1ST REALTY
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50173145
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.