W888 ROBERT STREETStephensonMI49887
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 Stephenson at W888 ROBERT STREET, Stephenson, MI, 49887 offers $1,747/mo rent that, after a $969/mo payment, leaves $441/mo cash flow. Total monthly income is $1,747/mo, and annual cash flow is $5,297/yr on $65,637 cash. Return on cash invested measures 27.98% in year one, and rental yield stands at 10.59% at a $198,000 entry. Equity gained on principal adds $1,278/yr while 5% annual appreciation compounds into $54,704 by year five. Five-year ROI records 146.69% and total cumulative return in cash reaches $96,280. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,747/mo property income versus a $969/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
1.38 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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Nearby investment properties with comparable prices
Listed by: Francine Kitkowski • Assist 2 Sell Buyers & Sellers Realty, LLC
Mls Name: WIREX MLS
Mls ID: #50312456