10556 Herring RdLitchfieldMI49252
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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 Litchfield at 10556 Herring Rd, Litchfield, MI, 49252 earns $457/mo cash flow from $2,425/mo rent with a $1,461/mo payment. Total monthly income totals $2,425/mo, and annual cash flow totals $5,481/yr on $98,920 capital. ROI tracks 25.45% on current figures, and rental yield reads 9.75% at a $298,400 purchase. Equity gained on principal adds $1,926/yr, and 5% annual appreciation supports $82,442 over five years. Five-year ROI reaches 133.1% and total cumulative return in cash sums $131,666. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,425/mo property income instead of your personal income.
Single Family
Built in 2004
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49252, Litchfield, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,163 (100%) |
| Owner Occupied HU | 847 (72.8%) |
| Renter Occupied HU | 257 (22.1%) |
| Vacant Housing Units | 59 ( 5.1%) |
| Median Home Value | $150,107 |
| Average Home Value | $184,383 |
Housing Distribution
Address Breakdown
Residential
1,040
Single Family
1,016
Multi-Family
24
Businesses
79
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Listed by: N/A • N/A
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