9901 W Buchanan RdSumnerMI48889
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 Sumner at 9901 W Buchanan Rd, Sumner, MI, 48889 offers a 14.75% rental yield on a $194,900 purchase with $2,396/mo rent. Total monthly income registers $2,396/mo, and a $954/mo payment leaves $1,111/mo available for distribution. Annual cash flow reaches $13,328/yr on $64,609 to close, and return on cash invested stands at 40.54% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,847 over five years. Portfolio math shows five-year ROI at 214% and total cumulative return in cash at $138,267. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,396/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1880
1.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48889, Sumner, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 622 (100%) |
| Owner Occupied HU | 482 (77.5%) |
| Renter Occupied HU | 102 (16.4%) |
| Vacant Housing Units | 38 ( 6.1%) |
| Median Home Value | $170,089 |
| Average Home Value | $201,748 |
Housing Distribution
Address Breakdown
Residential
547
Single Family
547
Multi-Family
0
Businesses
12
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