1248 S Clubhouse DrWeidmanMI48893
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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 Weidman at 1248 S Clubhouse Dr, Weidman, MI, 48893 priced at $577,995 converts $2,160/mo rent into after a $2,829/mo obligation. Total monthly income equals $2,160/mo. Return on cash invested prints 9.64% in year one, and rental yield reads 4.48% against a $577,995 entry. Equity gained on principal adds $3,730/yr, while 5% annual appreciation compiles into $159,689 by year five. Five-year ROI reaches 48.28% and total cumulative return in cash sums $91,815. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,160/mo property income covering a $2,829/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48893, Weidman, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,644 (100%) |
| Owner Occupied HU | 1,977 (74.8%) |
| Renter Occupied HU | 203 ( 7.7%) |
| Vacant Housing Units | 464 (17.5%) |
| Median Home Value | $204,836 |
| Average Home Value | $235,420 |
Housing Distribution
Address Breakdown
Residential
2,409
Single Family
2,409
Multi-Family
0
Businesses
95
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