15500 Packard RdHudsonMI49247
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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 Hudson at 15500 Packard Rd, Hudson, MI, 49247 generates $2,765/mo in rent, after a $3,230/mo payment. Total monthly income is $2,765/mo. Return on cash invested sits at 11.29% in year one, and rental yield is 5.03% on a $659,900 entry. Equity gained on principal adds $4,258/yr, while 5% annual appreciation builds toward $182,318 over five years. Five-year ROI reaches 57.14% and total cumulative return in cash sums $124,058. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,765/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49247, Hudson, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,661 (100%) |
| Owner Occupied HU | 1,887 (70.9%) |
| Renter Occupied HU | 417 (15.7%) |
| Vacant Housing Units | 357 (13.4%) |
| Median Home Value | $202,699 |
| Average Home Value | $249,191 |
Housing Distribution
Address Breakdown
Residential
2,441
Single Family
2,333
Multi-Family
108
Businesses
162
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Listed by: D. Gene Merillat • The Wagley Group
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50172641
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