N9927 K 1 RdStephensonMI49887
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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 Stephenson at N9927 K 1 Rd, Stephenson, MI, 49887 uses $47,736 cash to close to unlock $13,154/yr annual cash flow and $1,096/mo monthly cash flow. Total monthly income runs $2,046/mo, and a $705/mo payment keeps the spread at $1,096/mo. Purchase price stands at $144,000, and rental yield measures 17.05% with $2,046/mo rent. Return on cash invested shows 47.47% in year one, and 5% annual appreciation builds toward $39,785 over five years. Five-year ROI reaches 251.24% and total cumulative return in cash records $119,934. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,046/mo property income covering a $705/mo payment rather than investor’s personal income.
Single Family
Built in N/A
5 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 |
Housing Distribution
Address Breakdown
Residential
1,034
Single Family
989
Multi-Family
45
Businesses
74
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Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A