15005 Wellwood RdTiptonMI49287
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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 Tipton at 15005 Wellwood Rd, Tipton, MI, 49287 uses $107,704 cash to close to unlock $596/yr annual cash flow and $50/mo monthly cash flow. Total monthly income runs $2,192/mo, and a $1,590/mo payment keeps the spread at $50/mo. Purchase price stands at $324,900, and rental yield measures 8.1% with $2,192/mo rent. Return on cash invested shows 20.46% in year one, and 5% annual appreciation builds toward $89,764 over five years. Five-year ROI reaches 106.34% and total cumulative return in cash records $114,533. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,192/mo property income covering a $1,590/mo payment rather than investor’s personal income.
Single Family
Built in 1973
2.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49287, Tipton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,020 (100%) |
| Owner Occupied HU | 791 (77.5%) |
| Renter Occupied HU | 55 ( 5.4%) |
| Vacant Housing Units | 174 (17.1%) |
| Median Home Value | $324,185 |
| Average Home Value | $403,647 |
Housing Distribution
Address Breakdown
Residential
856
Single Family
856
Multi-Family
0
Businesses
33
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