10980 Pulaski RdHanoverMI49241
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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 Hanover at 10980 Pulaski Rd, Hanover, MI, 49241 uses $33,482 cash to close to unlock $1,228/yr annual cash flow and $102/mo monthly cash flow. Total monthly income runs $768/mo, and a $494/mo payment keeps the spread at $102/mo. Purchase price stands at $101,000, and rental yield measures 9.12% with $768/mo rent. Return on cash invested shows 23.58% in year one, and 5% annual appreciation builds toward $27,904 over five years. Five-year ROI reaches 123.13% and total cumulative return in cash records $41,226. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $768/mo property income covering a $494/mo payment rather than investor’s personal income.
Single Family
Built in 1930
1.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49241, Hanover, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,006 (100%) |
| Owner Occupied HU | 809 (80.4%) |
| Renter Occupied HU | 103 (10.2%) |
| Vacant Housing Units | 94 ( 9.3%) |
| Median Home Value | $256,694 |
| Average Home Value | $266,950 |
Housing Distribution
Address Breakdown
Residential
778
Single Family
778
Multi-Family
0
Businesses
44
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