E703 HENDRICKSEN STREET, Stephenson, MI, 49887 | $217/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1360 sft

S327 Section St, Stephenson, MI, 49887

3 Bed
1 Bath
1140 sft

3908 13th St, Menominee, MI, 49858

3 Bed
2 Bath
2624 sft

W708 Samuel St, Stephenson, MI, 49887

2 Bed
1 Bath
1008 sft

W6450 Right Of Way Rd, Pembine, WI, 54156

Nearby investment properties with comparable prices

3 Bed
1 Bath
1200 sft

N2238 State Route 1, Menominee, MI, 49858

2 Bed
1 Bath
976 sft

W5317 Elmwood Rd, Menominee, MI, 49858

2 Bed
2 Bath
1867 sft

1413 38th Ave, Menominee, MI, 49858

2 Bed
1 Bath
1200 sft

4012 13th STREET, Menominee, MI, 49858

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Stephenson at E703 HENDRICKSEN STREET, Stephenson, MI, 49887 offers $1,436/mo rent that, after a $905/mo payment, leaves $217/mo cash flow. Total monthly income is $1,436/mo, and annual cash flow is $2,600/yr on $61,294 cash. Return on cash invested measures 24.15% in year one, and rental yield stands at 9.32% at a $184,900 entry. Equity gained on principal adds $1,193/yr while 5% annual appreciation compounds into $51,084 by year five. Five-year ROI records 126.13% and total cumulative return in cash reaches $77,311. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,436/mo property income versus a $905/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1970

0.34 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49887, Stephenson, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,628 (100%)
Owner Occupied HU	890 (54.7%)
Renter Occupied HU	196 (12.0%)
Vacant Housing Units	542 (33.3%)
Median Home Value	$172,000
Average Home Value	$190,742