10392 Green RdGoodrichMI48438
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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 Goodrich at 10392 Green Rd, Goodrich, MI, 48438 listed at $259,000 pairs $1,904/mo rent with a $1,268/mo payment to leave $196/mo cash flow. Total monthly income runs $1,904/mo, and annual cash flow reaches $2,348/yr on $85,859 cash to close. Return on cash invested measures 22.64% in year one, and rental yield registers 8.82% at a $259,000 basis. Equity gained on principal adds $1,671/yr, and annual property appreciation at 5% supports $71,557 by year five. Five-year ROI tracks 118.06% and total cumulative return in cash totals $101,368. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,904/mo property income relative to a $1,268/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48438, Goodrich, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,582 (100%) |
| Owner Occupied HU | 2,365 (91.6%) |
| Renter Occupied HU | 122 ( 4.7%) |
| Vacant Housing Units | 95 ( 3.7%) |
| Median Home Value | $342,692 |
| Average Home Value | $373,386 |
Housing Distribution
Address Breakdown
Residential
2,574
Single Family
2,558
Multi-Family
16
Businesses
171
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