1198 Woodfield TrlHemlockMI48626
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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 Hemlock at 1198 Woodfield Trl, Hemlock, MI, 48626 listed at $369,900 pairs $3,066/mo rent with a $1,810/mo payment to leave $627/mo cash flow. Total monthly income runs $3,066/mo, and annual cash flow reaches $7,526/yr on $122,622 cash to close. Return on cash invested measures 26.05% in year one, and rental yield registers 9.95% at a $369,900 basis. Equity gained on principal adds $2,387/yr, and annual property appreciation at 5% supports $102,197 by year five. Five-year ROI tracks 136.3% and total cumulative return in cash totals $167,134. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,066/mo property income relative to a $1,810/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48626, Hemlock, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,414 (100%) |
| Owner Occupied HU | 2,070 (85.7%) |
| Renter Occupied HU | 226 ( 9.4%) |
| Vacant Housing Units | 118 ( 4.9%) |
| Median Home Value | $245,623 |
| Average Home Value | $273,877 |
Housing Distribution
Address Breakdown
Residential
2,360
Single Family
2,344
Multi-Family
16
Businesses
101
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