9979 Summerfield RdTemperanceMI48182
Nearby investment properties with comparable rents
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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
Rental property for sale in Temperance at 9979 Summerfield Rd, Temperance, MI, 48182 generates $2,054/mo in rent, after a $1,762/mo payment. Total monthly income is $2,054/mo. Return on cash invested sits at 16.69% in year one, and rental yield is 6.85% on a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 86.1% and total cumulative return in cash sums $102,753. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,054/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48182, Temperance, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,855 (100%) |
| Owner Occupied HU | 8,042 (81.6%) |
| Renter Occupied HU | 1,499 (15.2%) |
| Vacant Housing Units | 314 ( 3.2%) |
| Median Home Value | $269,058 |
| Average Home Value | $288,379 |
Housing Distribution
Address Breakdown
Residential
9,133
Single Family
8,790
Multi-Family
343
Businesses
368
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Listed by: Jeffrey Rising • Cornerstone Real Estate
Mls Name: MichRIC
Mls Provider:
Mls ID: #25030432
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.