177 Prospect StRockfordMI49341
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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 Rockford at 177 Prospect St, Rockford, MI, 49341 at $438,000 posts ROI 16.63% with from $2,492/mo rent. Total monthly income equals $2,492/mo. Return on cash invested measures 16.63% and rental yield reads 6.83% at the current $438,000. Equity gained on principal adds $2,826/yr, and 5% annual appreciation supports $121,011 by year five. Five-year ROI prints 85.81% and total cumulative return in cash totals $124,590. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,492/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49341, Rockford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,703 (100%) |
| Owner Occupied HU | 12,739 (86.6%) |
| Renter Occupied HU | 1,463 ( 10.0%) |
| Vacant Housing Units | 501 ( 3.4%) |
| Median Home Value | $404,412 |
| Average Home Value | $443,576 |
Housing Distribution
Address Breakdown
Residential
15,042
Single Family
14,501
Multi-Family
541
Businesses
771
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