9829 Dice RdFreelandMI48623
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 Freeland at 9829 Dice Rd, Freeland, MI, 48623 earns $270/mo cash flow from $2,182/mo rent with a $1,419/mo payment. Total monthly income totals $2,182/mo, and annual cash flow totals $3,240/yr on $96,135 capital. ROI tracks 23.28% on current figures, and rental yield reads 9.03% at a $290,000 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,122 over five years. Five-year ROI reaches 121.42% and total cumulative return in cash sums $116,728. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,182/mo property income instead of your personal income.
Single Family
Built in 1975
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48623, Freeland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,439 (100%) |
| Owner Occupied HU | 4,603 (84.6%) |
| Renter Occupied HU | 598 (11.0%) |
| Vacant Housing Units | 238 ( 4.4%) |
| Median Home Value | $283,821 |
| Average Home Value | $326,566 |
Housing Distribution
Address Breakdown
Residential
5,234
Single Family
5,234
Multi-Family
0
Businesses
330
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices