Champion Skyline FX 2208 P Plan, RiverviewSpartaMI49345
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
Rental property for sale in Sparta at Champion Skyline FX 2208 P Plan, Riverview, Sparta, MI, 49345 offers $1,276/mo rent that, after a $797/mo payment, leaves $202/mo cash flow. Total monthly income is $1,276/mo, and annual cash flow is $2,425/yr on $54,001 cash. Return on cash invested measures 24.4% in year one, and rental yield stands at 9.4% at a $162,900 entry. Equity gained on principal adds $1,051/yr while 5% annual appreciation compounds into $45,006 by year five. Five-year ROI records 127.55% and total cumulative return in cash reaches $68,880. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,276/mo property income versus a $797/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49345, Sparta, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,478 (100%) |
| Owner Occupied HU | 4,521 (82.5%) |
| Renter Occupied HU | 800 (14.6%) |
| Vacant Housing Units | 157 ( 2.9%) |
| Median Home Value | $330,262 |
| Average Home Value | $362,473 |
Housing Distribution
Address Breakdown
Residential
5,414
Single Family
5,106
Multi-Family
308
Businesses
339
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