1320 Westwind LnFremontMI49412
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Fremont at 1320 Westwind Ln, Fremont, MI, 49412 uses $66,300 cash to close to unlock $12,228/yr annual cash flow and $1,019/mo monthly cash flow. Total monthly income runs $2,338/mo, and a $979/mo payment keeps the spread at $1,019/mo. Purchase price stands at $200,000, and rental yield measures 14.03% with $2,338/mo rent. Return on cash invested shows 38.35% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 202.27% and total cumulative return in cash records $134,108. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,338/mo property income covering a $979/mo payment rather than investor’s personal income.
Manufactured
Built in 2015
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49412, Fremont, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,254 (100%) |
| Owner Occupied HU | 3,886 (74.0%) |
| Renter Occupied HU | 827 (15.7%) |
| Vacant Housing Units | 541 (10.3%) |
| Median Home Value | $218,545 |
| Average Home Value | $256,878 |
Housing Distribution
Address Breakdown
Residential
4,810
Single Family
4,578
Multi-Family
232
Businesses
423
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
