16435 E M 48GoetzvilleMI49736
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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 Goetzville at 16435 E M 48, Goetzville, MI, 49736 generates $1,198/mo in rent and, after a $734/mo payment, leaves $209/mo in cash flow. Total monthly income is $1,198/mo, and annual cash flow is $2,508/yr on $49,725 invested. Return on cash invested sits at 24.95% in year one, and rental yield is 9.58% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 130.4% and total cumulative return in cash sums $64,842. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,198/mo property income rather than buyer’s personal income.
Manufactured
Built in 1997
1.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49736, Goetzville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 574 (100%) |
| Owner Occupied HU | 240 (41.8%) |
| Renter Occupied HU | 16 ( 2.8%) |
| Vacant Housing Units | 318 (55.4%) |
| Median Home Value | $159,559 |
| Average Home Value | $196,990 |
Housing Distribution
Address Breakdown
Residential
308
Single Family
308
Multi-Family
0
Businesses
7
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Listed by: FORBES J MCDONALD • MCDONALD REALTY Inc
Mls Name: EUPBR
Mls ID: #25-509