11183 Wolf RdJohannesburgMI49751
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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 Johannesburg at 11183 Wolf Rd, Johannesburg, MI, 49751 offers a 8.92% rental yield on a $347,500 purchase with $2,582/mo rent. Total monthly income registers $2,582/mo, and a $1,701/mo payment leaves $290/mo available for distribution. Annual cash flow reaches $3,483/yr on $115,196 to close, and return on cash invested stands at 22.93% in year one. Equity gained on principal adds $2,242/yr while 5% annual appreciation supports $96,008 over five years. Portfolio math shows five-year ROI at 119.62% and total cumulative return in cash at $137,793. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,582/mo property income against a $1,701/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
2.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49751, Johannesburg, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,998 (100%) |
| Owner Occupied HU | 807 (40.4%) |
| Renter Occupied HU | 71 ( 3.6%) |
| Vacant Housing Units | 1,120 (56.1%) |
| Median Home Value | $246,101 |
| Average Home Value | $268,259 |
Housing Distribution
Address Breakdown
Residential
943
Single Family
943
Multi-Family
0
Businesses
49
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Listed by: Jamie Kurth • smith realty GROUP
Mls Name: WWMLS
Mls ID: #201836733