N10896 Powderhorn RdBessemerMI49911
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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
Investment property for sale in Bessemer at N10896 Powderhorn Rd, Bessemer, MI, 49911 listed at $294,000 pairs $2,184/mo rent with a $1,439/mo payment to leave $230/mo cash flow. Total monthly income runs $2,184/mo, and annual cash flow reaches $2,760/yr on $97,461 cash to close. Return on cash invested measures 22.74% in year one, and rental yield registers 8.91% at a $294,000 basis. Equity gained on principal adds $1,897/yr, and annual property appreciation at 5% supports $81,227 by year five. Five-year ROI tracks 118.67% and total cumulative return in cash totals $115,656. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,184/mo property income relative to a $1,439/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49911, Bessemer, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,927 (100%) |
| Owner Occupied HU | 1,040 (54.0%) |
| Renter Occupied HU | 241 (12.5%) |
| Vacant Housing Units | 646 (33.5%) |
| Median Home Value | $139,236 |
| Average Home Value | $161,596 |
Housing Distribution
Address Breakdown
Residential
1,244
Single Family
1,208
Multi-Family
36
Businesses
85
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Listed by: PETER SEIFERT • FIRST WEBER - BESSEMER
Mls Name: GNMLS
Mls Provider:
Mls ID: #212007
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.