W9470 County Road G12StephensonMI49887
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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 Stephenson at W9470 County Road G12, Stephenson, MI, 49887 uses $51,383 cash to close to unlock $4,494/yr annual cash flow and $375/mo monthly cash flow. Total monthly income runs $1,397/mo, and a $759/mo payment keeps the spread at $375/mo. Purchase price stands at $155,000, and rental yield measures 10.82% with $1,397/mo rent. Return on cash invested shows 28.66% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 150.34% and total cumulative return in cash records $77,248. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,397/mo property income covering a $759/mo payment rather than investor’s personal income.
Single Family
Built in 1990
1 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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Listed by: Carol Brown • State Wide Real Estate of MI-WI, Inc.
Mls Name: RANW
Mls ID: #50315528