Racine Dr #26I6JHStevensvilleMI49127
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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 Stevensville at Racine Dr #26I6JH, Stevensville, MI, 49127 with 5% annual appreciation on a $518,500 basis while $3,894/mo rent supports operations. Total monthly income totals $3,894/mo and a $2,538/mo payment preserves $475/mo for cash returns. Annual cash flow comes to $5,695/yr on $170,587 deployed, and return on cash invested reaches 23.4% in year one. Equity gained on principal adds $3,346/yr, and five-year appreciation sums $143,252 alongside rental yield of 9.01%. Five-year ROI measures 122.05% and total cumulative return in cash totals $208,208.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,894/mo property income versus a $2,538/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49127, Stevensville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,035 (100%) |
| Owner Occupied HU | 3,665 (72.8%) |
| Renter Occupied HU | 825 (16.4%) |
| Vacant Housing Units | 545 (10.8%) |
| Median Home Value | $339,340 |
| Average Home Value | $402,919 |
Housing Distribution
Address Breakdown
Residential
4,962
Single Family
4,883
Multi-Family
79
Businesses
409
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