1065 Clubhouse DrWeidmanMI48893
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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 Weidman at 1065 Clubhouse Dr, Weidman, MI, 48893 offers a 11.75% rental yield on a $210,000 purchase with $2,057/mo rent. Total monthly income registers $2,057/mo, and a $1,028/mo payment leaves $647/mo available for distribution. Annual cash flow reaches $7,764/yr on $69,615 to close, and return on cash invested stands at 31.06% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 163.33% and total cumulative return in cash at $113,704. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,057/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
0.31 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48893, Weidman, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,644 (100%) |
| Owner Occupied HU | 1,977 (74.8%) |
| Renter Occupied HU | 203 ( 7.7%) |
| Vacant Housing Units | 464 (17.5%) |
| Median Home Value | $204,836 |
| Average Home Value | $235,420 |
Housing Distribution
Address Breakdown
Residential
2,409
Single Family
2,409
Multi-Family
0
Businesses
95
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Listed by: Patricia Zamarron • CENTRAL REAL ESTATE MT PLEASANT, INC.
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1925988
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2024 Northern Great Lakes REALTORS MLS. All Rights Reserved.