S224 Menominee STREETStephensonMI49887
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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 Stephenson at S224 Menominee STREET, Stephenson, MI, 49887 earns $1,668/mo cash flow from $3,151/mo rent with a $1,101/mo payment. Total monthly income totals $3,151/mo, and annual cash flow totals $20,012/yr on $74,554 capital. ROI tracks 46.75% on current figures, and rental yield reads 16.81% at a $224,900 purchase. Equity gained on principal adds $1,451/yr, and 5% annual appreciation supports $62,136 over five years. Five-year ROI reaches 247.33% and total cumulative return in cash sums $184,393. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,151/mo property income instead of your personal income.
Single Family
Built in 1897
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49887, Stephenson, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,628 (100%) |
| Owner Occupied HU | 890 (54.7%) |
| Renter Occupied HU | 196 (12.0%) |
| Vacant Housing Units | 542 (33.3%) |
| Median Home Value | $172,000 |
| Average Home Value | $190,742 |
Housing Distribution
Address Breakdown
Residential
1,034
Single Family
989
Multi-Family
45
Businesses
74
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Listed by: Julie Derusha • JD 1st Real Estate, Inc.
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1871960
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.