17680 Twelve Mile RdLeroyMI49655
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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 Leroy at 17680 Twelve Mile Rd, Leroy, MI, 49655 listed at $515,000 pairs $2,170/mo rent with a $2,521/mo payment. Total monthly income runs $2,170/mo. Return on cash invested measures 11.37% in year one, and rental yield registers 5.06% at a $515,000 basis. Equity gained on principal adds $3,323/yr, and annual property appreciation at 5% supports $142,285 by year five. Five-year ROI tracks 57.59% and total cumulative return in cash totals $97,573. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,170/mo property income relative to a $2,521/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49655, Leroy, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,850 (100%) |
| Owner Occupied HU | 1,174 (63.5%) |
| Renter Occupied HU | 113 ( 6.1%) |
| Vacant Housing Units | 563 (30.4%) |
| Median Home Value | $182,941 |
| Average Home Value | $208,863 |
Housing Distribution
Address Breakdown
Residential
1,349
Single Family
1,349
Multi-Family
0
Businesses
54
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