15751 Molineaux RdWolverineMI49799
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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 Wolverine at 15751 Molineaux Rd, Wolverine, MI, 49799 generates $1,924/mo in rent, after a $1,610/mo payment. Total monthly income is $1,924/mo. Return on cash invested sits at 17.21% in year one, and rental yield is 7.02% on a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 88.9% and total cumulative return in cash sums $96,957. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,924/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49799, Wolverine, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,710 (100%) |
| Owner Occupied HU | 982 (57.4%) |
| Renter Occupied HU | 128 ( 7.5%) |
| Vacant Housing Units | 600 (35.1%) |
| Median Home Value | $180,102 |
| Average Home Value | $217,273 |
Housing Distribution
Address Breakdown
Residential
994
Single Family
994
Multi-Family
0
Businesses
44
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