16414 Usfs 2235 RdWetmoreMI49895
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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
Total monthly income runs $3,041/mo, and a $2,447/mo payment. Purchase price stands at $499,950, and rental yield measures 7.3% with $3,041/mo rent. Return on cash invested shows 18.06% in year one, and 5% annual appreciation builds toward $138,127 over five years. Five-year ROI reaches 93.46% and total cumulative return in cash records $154,900. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,041/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 2023
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49895, Wetmore, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 929 (100%) |
| Owner Occupied HU | 280 (30.1%) |
| Renter Occupied HU | 20 ( 2.2%) |
| Vacant Housing Units | 629 (67.7%) |
| Median Home Value | $207,143 |
| Average Home Value | $235,973 |
Housing Distribution
Address Breakdown
Residential
436
Single Family
436
Multi-Family
0
Businesses
31
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Listed by: JAMIE BEAVER • KEY REALTY DELTA COUNTY LLC
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50125511
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