W4237 Wery Rd #21StephensonMI49887
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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
Rental property for sale in Stephenson at W4237 Wery Rd #21, Stephenson, MI, 49887 generates $0/mo in rent, after a $1,713/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -3.97% in year one, and rental yield is 0% on a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,671 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
40 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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No similar rental properties found nearby.
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Listed by: Karen Kloida • Broadway Real Estate
Mls Name: RANW
Mls ID: #50317246