10187 Dodge RdMontroseMI48457
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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 Montrose at 10187 Dodge Rd, Montrose, MI, 48457 generates $2,189/mo in rent and, after a $1,039/mo payment, leaves $789/mo in cash flow. Total monthly income is $2,189/mo, and annual cash flow is $9,471/yr on $70,344 invested. Return on cash invested sits at 33.37% in year one, and rental yield is 12.38% on a $212,200 entry. Equity gained on principal adds $1,369/yr, while 5% annual appreciation builds toward $58,627 over five years. Five-year ROI reaches 175.64% and total cumulative return in cash sums $123,550. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,189/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
1.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48457, Montrose, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,389 (100%) |
| Owner Occupied HU | 2,729 (80.5%) |
| Renter Occupied HU | 509 (15.0%) |
| Vacant Housing Units | 151 ( 4.5%) |
| Median Home Value | $210,069 |
| Average Home Value | $243,153 |
Housing Distribution
Address Breakdown
Residential
3,081
Single Family
2,843
Multi-Family
238
Businesses
116
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