1055 Woodridge DrSaint JohnsMI48879
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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 Saint Johns at 1055 Woodridge Dr, Saint Johns, MI, 48879 offers $3,015/mo rent that, after a $1,908/mo payment, leaves $444/mo cash flow. Total monthly income is $3,015/mo, and annual cash flow is $5,330/yr on $129,252 cash. Return on cash invested measures 24.03% in year one, and rental yield stands at 9.28% at a $389,900 entry. Equity gained on principal adds $2,516/yr while 5% annual appreciation compounds into $107,722 by year five. Five-year ROI records 125.52% and total cumulative return in cash reaches $162,241. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,015/mo property income versus a $1,908/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48879, Saint Johns, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,734 (100%) |
| Owner Occupied HU | 5,988 (77.4%) |
| Renter Occupied HU | 1,368 (17.7%) |
| Vacant Housing Units | 378 ( 4.9%) |
| Median Home Value | $246,160 |
| Average Home Value | $285,008 |
Housing Distribution
Address Breakdown
Residential
7,436
Single Family
7,031
Multi-Family
405
Businesses
521
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Listed by: Mike McGivney • Allen Edwin Realty
Mls Name: Greater Lansing AOR
Mls ID: #288805