16951 Forrister RdHudsonMI49247
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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 Hudson at 16951 Forrister Rd, Hudson, MI, 49247 listed at $254,000 pairs $2,314/mo rent with a $1,243/mo payment to leave $639/mo cash flow. Total monthly income runs $2,314/mo, and annual cash flow reaches $7,670/yr on $84,201 cash to close. Return on cash invested measures 29.02% in year one, and rental yield registers 10.93% at a $254,000 basis. Equity gained on principal adds $1,639/yr, and annual property appreciation at 5% supports $70,176 by year five. Five-year ROI tracks 152.27% and total cumulative return in cash totals $128,214. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,314/mo property income relative to a $1,243/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
5.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49247, Hudson, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,661 (100%) |
| Owner Occupied HU | 1,887 (70.9%) |
| Renter Occupied HU | 417 (15.7%) |
| Vacant Housing Units | 357 (13.4%) |
| Median Home Value | $202,699 |
| Average Home Value | $249,191 |
Housing Distribution
Address Breakdown
Residential
2,441
Single Family
2,333
Multi-Family
108
Businesses
162
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