1209 Wattles Rd, Sherwood, MI, 49089 | $168/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Sherwood at 1209 Wattles Rd, Sherwood, MI, 49089 uses $57,350 cash to close to unlock $2,015/yr annual cash flow and $168/mo monthly cash flow. Total monthly income runs $1,309/mo, and a $847/mo payment keeps the spread at $168/mo. Purchase price stands at $173,000, and rental yield measures 9.08% with $1,309/mo rent. Return on cash invested shows 23.42% in year one, and 5% annual appreciation builds toward $47,797 over five years. Five-year ROI reaches 122.2% and total cumulative return in cash records $70,083. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,309/mo property income covering a $847/mo payment rather than investor’s personal income.

Manufactured

Built in 1976

1.65 Acres lot

$N/A/sqft

No HOA