10600 W Rhoby RdMantonMI49663
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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 Manton at 10600 W Rhoby Rd, Manton, MI, 49663 uses $105,749 cash to close to unlock $4,328/yr annual cash flow and $361/mo monthly cash flow. Total monthly income runs $2,464/mo, and a $1,561/mo payment keeps the spread at $361/mo. Purchase price stands at $319,000, and rental yield measures 9.27% with $2,464/mo rent. Return on cash invested shows 24% in year one, and 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 125.31% and total cumulative return in cash records $132,517. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,464/mo property income covering a $1,561/mo payment rather than investor’s personal income.
Single Family
Built in 1983
6.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49663, Manton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,730 (100%) |
| Owner Occupied HU | 1,906 (69.8%) |
| Renter Occupied HU | 388 (14.2%) |
| Vacant Housing Units | 436 (16.0%) |
| Median Home Value | $168,750 |
| Average Home Value | $199,066 |
Housing Distribution
Address Breakdown
Residential
2,249
Single Family
2,179
Multi-Family
70
Businesses
101
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