W14639 Stimich RdEngadineMI49827
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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 Engadine at W14639 Stimich Rd, Engadine, MI, 49827 offers a 13.5% rental yield on a $250,178 purchase with $2,815/mo rent. Total monthly income registers $2,815/mo, and a $1,225/mo payment leaves $1,166/mo available for distribution. Annual cash flow reaches $13,988/yr on $82,934 to close, and return on cash invested stands at 36.78% in year one. Equity gained on principal adds $1,614/yr while 5% annual appreciation supports $69,120 over five years. Portfolio math shows five-year ROI at 193.82% and total cumulative return in cash at $160,746. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,815/mo property income against a $1,225/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49827, Engadine, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 737 (100%) |
| Owner Occupied HU | 340 (46.1%) |
| Renter Occupied HU | 32 ( 4.3%) |
| Vacant Housing Units | 365 (49.5%) |
| Median Home Value | $177,273 |
| Average Home Value | $229,426 |
Housing Distribution
Address Breakdown
Residential
374
Single Family
374
Multi-Family
0
Businesses
27
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