11650 Wyman RdBlanchardMI49310
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Nearby investment properties with comparable prices
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 Blanchard at 11650 Wyman Rd, Blanchard, MI, 49310 offers a 9.67% rental yield on a $299,900 purchase with $2,416/mo rent. Total monthly income registers $2,416/mo, and a $1,468/mo payment leaves $438/mo available for distribution. Annual cash flow reaches $5,258/yr on $99,417 to close, and return on cash invested stands at 25.2% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 131.78% and total cumulative return in cash at $131,008. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,416/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1997
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49310, Blanchard, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,234 (100%) |
| Owner Occupied HU | 1,009 (81.8%) |
| Renter Occupied HU | 112 ( 9.1%) |
| Vacant Housing Units | 113 ( 9.2%) |
| Median Home Value | $195,192 |
| Average Home Value | $230,580 |
Housing Distribution
Address Breakdown
Residential
1,109
Single Family
1,109
Multi-Family
0
Businesses
48
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