10568 Woodbrook DrCement CityMI49233
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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 Cement City at 10568 Woodbrook Dr, Cement City, MI, 49233 uses $72,930 cash to close to unlock $192/yr annual cash flow and $16/mo monthly cash flow. Total monthly income runs $1,467/mo, and a $1,077/mo payment keeps the spread at $16/mo. Purchase price stands at $220,000, and rental yield measures 8% with $1,467/mo rent. Return on cash invested shows 20.17% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 104.75% and total cumulative return in cash records $76,391. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,467/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49233, Cement City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,475 (100%) |
| Owner Occupied HU | 1,126 (76.3%) |
| Renter Occupied HU | 101 ( 6.8%) |
| Vacant Housing Units | 248 (16.8%) |
| Median Home Value | $287,644 |
| Average Home Value | $316,241 |
Housing Distribution
Address Breakdown
Residential
1,316
Single Family
1,316
Multi-Family
0
Businesses
48
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Listed by: Jennifer Chmielewski • ERA REARDON REALTY, L.L.C.
Mls Name: MichRIC
Mls ID: #26000159