Racine Dr #37OKGXStevensvilleMI49127
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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 #37OKGX, Stevensville, MI, 49127 listed at $509,700 pairs $3,788/mo rent with a $2,495/mo payment to leave $427/mo cash flow. Total monthly income runs $3,788/mo, and annual cash flow reaches $5,118/yr on $167,691 cash to close. Return on cash invested measures 23.11% in year one, and rental yield registers 8.92% at a $509,700 basis. Equity gained on principal adds $3,289/yr, and annual property appreciation at 5% supports $140,821 by year five. Five-year ROI tracks 120.54% and total cumulative return in cash totals $202,133. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,788/mo property income relative to a $2,495/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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