Off Co Road AfChampionMI49814
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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
Rental property for sale in Champion at Off Co Road Af, Champion, MI, 49814 priced at $149,900 pairs $1,675/mo rent with $686/mo cash flow after a $734/mo payment. Total monthly income equals $1,675/mo, and annual cash flow comes to $8,234/yr on $49,692 invested. Return on cash invested is 36.48% in year one, and rental yield stands at 13.41% on a $149,900 basis. Equity gained on principal adds $967/yr, and 5% annual appreciation accumulates to $41,415 by year five. Five-year ROI measures 192.32% and total cumulative return in cash reaches $95,567. For financing, Ziffy Mortgage’s DSCR program evaluates $1,675/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1992
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49814, Champion, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,043 (100%) |
| Owner Occupied HU | 579 (55.5%) |
| Renter Occupied HU | 40 ( 3.8%) |
| Vacant Housing Units | 424 (40.7%) |
| Median Home Value | $224,632 |
| Average Home Value | $282,854 |
Housing Distribution
Address Breakdown
Residential
529
Single Family
529
Multi-Family
0
Businesses
17
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Listed by: ADAM KARKI • RE/MAX 1ST REALTY
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50146539
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.