100 Commercial LnWakefieldMI49968
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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 Wakefield at 100 Commercial Ln, Wakefield, MI, 49968 priced at $100,000 pairs $1,673/mo rent with $1,014/mo cash flow after a $489/mo payment. Total monthly income equals $1,673/mo, and annual cash flow comes to $12,168/yr on $33,150 invested. Return on cash invested is 56.61% in year one, and rental yield stands at 20.08% on a $100,000 basis. Equity gained on principal adds $645/yr, and 5% annual appreciation accumulates to $27,628 by year five. Five-year ROI measures 300.21% and total cumulative return in cash reaches $99,520. For financing, Ziffy Mortgage’s DSCR program evaluates $1,673/mo property income against a $489/mo payment instead of your W2s, 1099s, or Tax returns.
Lot
Built in N/A
1.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49968, Wakefield, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,374 (100%) |
| Owner Occupied HU | 854 (62.2%) |
| Renter Occupied HU | 114 ( 8.3%) |
| Vacant Housing Units | 406 (29.5%) |
| Median Home Value | $114,015 |
| Average Home Value | $173,487 |
Housing Distribution
Address Breakdown
Residential
943
Single Family
896
Multi-Family
47
Businesses
71
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Listed by: WENDY ROUTHEAUX • SILVER PROPERTIES-EXP REALTY
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50151382
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