11120 Wilkes RdYaleMI48097
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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
Rental property for sale in Yale at 11120 Wilkes Rd, Yale, MI, 48097 generates $1,968/mo in rent and, after a $1,174/mo payment, leaves $386/mo in cash flow. Total monthly income is $1,968/mo, and annual cash flow is $4,634/yr on $79,527 invested. Return on cash invested sits at 25.74% in year one, and rental yield is 9.84% on a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 134.67% and total cumulative return in cash sums $107,095. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,968/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48097, Yale, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,124 (100%) |
| Owner Occupied HU | 1,644 (77.4%) |
| Renter Occupied HU | 326 (15.3%) |
| Vacant Housing Units | 154 ( 7.3%) |
| Median Home Value | $225,103 |
| Average Home Value | $248,183 |
Housing Distribution
Address Breakdown
Residential
2,077
Single Family
1,961
Multi-Family
116
Businesses
127
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