Multiple Taylors Court & Evans WayScottvilleMI49454
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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 Scottville at Multiple Taylors Court & Evans Way, Scottville, MI, 49454 generates $930/mo in rent, after a $8,810/mo payment. Total monthly income is $930/mo. Return on cash invested sits at -2.14% in year one, and rental yield is 0.62% on a $1,800,000 entry. Equity gained on principal adds $11,615/yr, while 5% annual appreciation builds toward $497,307 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $930/mo property income rather than buyer’s personal income.
Multi Family
Built in 2024
9.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49454, Scottville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,062 (100%) |
| Owner Occupied HU | 1,528 (74.1%) |
| Renter Occupied HU | 298 (14.5%) |
| Vacant Housing Units | 236 (11.4%) |
| Median Home Value | $197,500 |
| Average Home Value | $236,271 |
Housing Distribution
Address Breakdown
Residential
1,907
Single Family
1,811
Multi-Family
96
Businesses
140
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Listed by: Bob Budreau • GREENRIDGE Realty Ludington
Mls Name: MichRIC
Mls Provider:
Mls ID: #25023640
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.