1195 E Ash DrIdlewildMI49642
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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 Idlewild at 1195 E Ash Dr, Idlewild, MI, 49642 generates $1,352/mo in rent and, after a $758/mo payment, leaves $331/mo in cash flow. Total monthly income is $1,352/mo, and annual cash flow is $3,970/yr on $51,316 invested. Return on cash invested sits at 27.65% in year one, and rental yield is 10.48% on a $154,800 entry. Equity gained on principal adds $999/yr, while 5% annual appreciation builds toward $42,768 over five years. Five-year ROI reaches 144.84% and total cumulative return in cash sums $74,329. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,352/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49642, Idlewild, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,183 (100%) |
| Owner Occupied HU | 341 (28.8%) |
| Renter Occupied HU | 103 ( 8.7%) |
| Vacant Housing Units | 739 (62.5%) |
| Median Home Value | $156,786 |
| Average Home Value | $200,029 |
Housing Distribution
Address Breakdown
Residential
385
Single Family
362
Multi-Family
23
Businesses
24
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