W Us Highway 41ChampionMI49814
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 Champion at W Us Highway 41, Champion, MI, 49814 priced at $100,000 converts $2,585/mo rent into $1,926/mo cash flow after a $489/mo obligation. Total monthly income equals $2,585/mo, and annual cash flow totals $23,112/yr on $33,150 invested. Return on cash invested prints 89.63% in year one, and rental yield reads 31.02% against a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation compiles into $27,628 by year five. Five-year ROI reaches 477.19% and total cumulative return in cash sums $158,188. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,585/mo property income covering a $489/mo payment, not borrower’s personal income.
Lot
Built in N/A
80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49814, Champion, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,043 (100%) |
| Owner Occupied HU | 579 (55.5%) |
| Renter Occupied HU | 40 ( 3.8%) |
| Vacant Housing Units | 424 (40.7%) |
| Median Home Value | $224,632 |
| Average Home Value | $282,854 |
Housing Distribution
Address Breakdown
Residential
529
Single Family
529
Multi-Family
0
Businesses
17
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Listed by: MELISSA MAKI • COLDWELL BANKER SCHMIDT REALTORS
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50153421
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.