10021 Wildlife RdgManchesterMI48158
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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 Manchester at 10021 Wildlife Rdg, Manchester, MI, 48158 earns $2,235/mo cash flow from $5,280/mo rent with a $2,251/mo payment. Total monthly income totals $5,280/mo, and annual cash flow totals $26,814/yr on $152,490 capital. ROI tracks 37.49% on current figures, and rental yield reads 13.77% at a $460,000 purchase. Equity gained on principal adds $2,968/yr, and 5% annual appreciation supports $127,090 over five years. Five-year ROI reaches 197.71% and total cumulative return in cash sums $301,489. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,280/mo property income instead of your personal income.
Single Family
Built in 2004
2.07 Acres lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48158, Manchester, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,254 (100%) |
| Owner Occupied HU | 2,773 (85.2%) |
| Renter Occupied HU | 312 ( 9.6%) |
| Vacant Housing Units | 169 ( 5.2%) |
| Median Home Value | $363,695 |
| Average Home Value | $428,857 |
Housing Distribution
Address Breakdown
Residential
2,959
Single Family
2,934
Multi-Family
25
Businesses
172
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Listed by: Jason Aldrich • ERA REARDON - BROOKLYN
Mls Name: MichRIC
Mls Provider:
Mls ID: #24045848
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.