16497 Bull Run TrlWolverineMI49799
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Wolverine at 16497 Bull Run Trl, Wolverine, MI, 49799 listed at $299,000 pairs $1,709/mo rent with a $1,463/mo payment. Total monthly income runs $1,709/mo. Return on cash invested measures 16.73% in year one, and rental yield registers 6.86% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Five-year ROI tracks 86.36% and total cumulative return in cash totals $85,594. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,709/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2009
11.64 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices