Racine Dr #JKNAGXStevensvilleMI49127
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 #JKNAGX, Stevensville, MI, 49127 at $635,100 posts ROI 23.47% with $594/mo cash flow from $4,782/mo rent. Total monthly income equals $4,782/mo, and annual cash flow records $7,132/yr on $208,948 to close. Return on cash invested measures 23.47% and rental yield reads 9.04% at the current $635,100. Equity gained on principal adds $4,098/yr, and 5% annual appreciation supports $175,466 by year five. Five-year ROI prints 122.47% and total cumulative return in cash totals $255,892.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,782/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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