V/l Calming MdwsMiddlevilleMI49333
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
Rental property for sale in Middleville at V/l Calming Mdws, Middleville, MI, 49333 generates $1,555/mo in rent and, after a $852/mo payment, leaves $407/mo in cash flow. Total monthly income is $1,555/mo, and annual cash flow is $4,886/yr on $57,681 invested. Return on cash invested sits at 28.38% in year one, and rental yield is 10.72% on a $174,000 entry. Equity gained on principal adds $1,123/yr, while 5% annual appreciation builds toward $48,073 over five years. Five-year ROI reaches 148.86% and total cumulative return in cash sums $85,865. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,555/mo property income rather than buyer’s personal income.
Lot
Built in N/A
9 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49333, Middleville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,474 (100%) |
| Owner Occupied HU | 4,393 (80.3%) |
| Renter Occupied HU | 717 (13.1%) |
| Vacant Housing Units | 364 ( 6.6%) |
| Median Home Value | $317,795 |
| Average Home Value | $363,773 |
Housing Distribution
Address Breakdown
Residential
5,147
Single Family
4,969
Multi-Family
178
Businesses
199
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Nearby investment properties with comparable prices
Listed by: Justine Hooper • Amplified Real Estate
Mls Name: MichRIC
Mls Provider:
Mls ID: #23144145
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.