18792 Meloche DrRockwoodMI48173
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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 Rockwood at 18792 Meloche Dr, Rockwood, MI, 48173 offers a 2.49% rental yield on a $578,000 purchase with $1,199/mo rent. 57% in year one. Equity gained on principal adds $3,730/yr while 5% annual appreciation supports $159,691 over five years. Portfolio math shows five-year ROI at 15.75% and total cumulative return in cash at $29,957. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,199/mo property income against a $2,829/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48173, Rockwood, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,371 (100%) |
| Owner Occupied HU | 4,247 (79.1%) |
| Renter Occupied HU | 901 (16.8%) |
| Vacant Housing Units | 223 ( 4.2%) |
| Median Home Value | $299,316 |
| Average Home Value | $308,591 |
Housing Distribution
Address Breakdown
Residential
5,409
Single Family
5,025
Multi-Family
384
Businesses
201
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