1640 Hendrie RdMetamoraMI48455
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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 Metamora at 1640 Hendrie Rd, Metamora, MI, 48455 listed at $349,900 pairs $2,400/mo rent with a $1,713/mo payment to leave $92/mo cash flow. Total monthly income runs $2,400/mo, and annual cash flow reaches $1,106/yr on $115,992 cash to close. Return on cash invested measures 20.86% in year one, and rental yield registers 8.23% at a $349,900 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,671 by year five. Five-year ROI tracks 108.52% and total cumulative return in cash totals $125,874. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,400/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1969
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48455, Metamora, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,610 (100%) |
| Owner Occupied HU | 3,209 (88.9%) |
| Renter Occupied HU | 228 ( 6.3%) |
| Vacant Housing Units | 173 ( 4.8%) |
| Median Home Value | $365,453 |
| Average Home Value | $447,688 |
Housing Distribution
Address Breakdown
Residential
3,423
Single Family
3,423
Multi-Family
0
Businesses
161
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