1390 E Wilcox AveWhite CloudMI49349
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
Rental property for sale in White Cloud at 1390 E Wilcox Ave, White Cloud, MI, 49349 priced at $115,000 converts $1,190/mo rent into $411/mo cash flow after a $563/mo obligation. Total monthly income equals $1,190/mo, and annual cash flow totals $4,932/yr on $38,123 invested. Return on cash invested prints 32.85% in year one, and rental yield reads 12.42% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. Five-year ROI reaches 172.99% and total cumulative return in cash sums $65,949. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,190/mo property income covering a $563/mo payment, not borrower’s personal income.
Single Family
Built in 1930
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49349, White Cloud, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,334 (100%) |
| Owner Occupied HU | 2,768 (63.9%) |
| Renter Occupied HU | 512 (11.8%) |
| Vacant Housing Units | 1,054 (24.3%) |
| Median Home Value | $179,401 |
| Average Home Value | $243,816 |
Housing Distribution
Address Breakdown
Residential
3,390
Single Family
3,303
Multi-Family
87
Businesses
131
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pamela S Merriman • 616 Realty LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #25026193
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.