Racine Dr #K5AUR2StevensvilleMI49127
Nearby investment properties with comparable rents
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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 #K5AUR2, Stevensville, MI, 49127 earns $366/mo cash flow from $3,468/mo rent with a $2,302/mo payment. Total monthly income totals $3,468/mo, and annual cash flow totals $4,398/yr on $155,904 capital. ROI tracks 22.73% on current figures, and rental yield reads 8.85% at a $470,300 purchase. Equity gained on principal adds $3,035/yr, and 5% annual appreciation supports $129,935 over five years. Five-year ROI reaches 118.51% and total cumulative return in cash sums $184,759. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,468/mo property income instead of your personal income.
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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Listed by: N/A • N/A
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