12150 Round Lake 42nd LnWetmoreMI49895
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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 Wetmore at 12150 Round Lake 42nd Ln, Wetmore, MI, 49895 earns $444/mo cash flow from $2,327/mo rent with a $1,389/mo payment. Total monthly income totals $2,327/mo, and annual cash flow totals $5,330/yr on $94,080 capital. ROI tracks 25.57% on current figures, and rental yield reads 9.84% at a $283,800 purchase. Equity gained on principal adds $1,831/yr, and 5% annual appreciation supports $78,409 over five years. Five-year ROI reaches 133.84% and total cumulative return in cash sums $125,918. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,327/mo property income instead of your personal income.
Single Family
Built in N/A
1.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49895, Wetmore, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 929 (100%) |
| Owner Occupied HU | 280 (30.1%) |
| Renter Occupied HU | 20 ( 2.2%) |
| Vacant Housing Units | 629 (67.7%) |
| Median Home Value | $207,143 |
| Average Home Value | $235,973 |
Housing Distribution
Address Breakdown
Residential
436
Single Family
436
Multi-Family
0
Businesses
31
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