12897 Goldenrod CtWaylandMI49348
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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 Wayland at 12897 Goldenrod Ct, Wayland, MI, 49348 earns $331/mo cash flow from $2,656/mo rent with a $1,713/mo payment. Total monthly income totals $2,656/mo, and annual cash flow totals $3,976/yr on $116,025 capital. ROI tracks 23.34% on current figures, and rental yield reads 9.11% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 121.84% and total cumulative return in cash sums $141,362. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,656/mo property income instead of your personal income.
Single Family
Built in 2006
0.48 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49348, Wayland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,099 (100%) |
| Owner Occupied HU | 4,611 (75.6%) |
| Renter Occupied HU | 1,091 (17.9%) |
| Vacant Housing Units | 397 ( 6.5%) |
| Median Home Value | $292,402 |
| Average Home Value | $347,766 |
Housing Distribution
Address Breakdown
Residential
5,778
Single Family
5,133
Multi-Family
645
Businesses
388
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