13151 Tripp RdWaldronMI49288
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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 Waldron at 13151 Tripp Rd, Waldron, MI, 49288 generates $1,880/mo in rent and, after a $1,077/mo payment, leaves $429/mo in cash flow. Total monthly income is $1,880/mo, and annual cash flow is $5,148/yr on $72,930 invested. Return on cash invested sits at 26.97% in year one, and rental yield is 10.25% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 141.21% and total cumulative return in cash sums $102,983. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,880/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
3.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49288, Waldron, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 627 (100%) |
| Owner Occupied HU | 466 (74.3%) |
| Renter Occupied HU | 116 (18.5%) |
| Vacant Housing Units | 45 ( 7.2%) |
| Median Home Value | $136,364 |
| Average Home Value | $169,254 |
Housing Distribution
Address Breakdown
Residential
488
Single Family
488
Multi-Family
0
Businesses
25
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