20546 Logan RdManchesterMI48158
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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 Manchester at 20546 Logan Rd, Manchester, MI, 48158 uses $38,123 cash to close to unlock $15,438/yr annual cash flow and $1,287/mo monthly cash flow. Total monthly income runs $2,045/mo, and a $563/mo payment keeps the spread at $1,287/mo. Purchase price stands at $115,000, and rental yield measures 21.34% with $2,045/mo rent. Return on cash invested shows 60.4% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 320.62% and total cumulative return in cash records $122,229. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,045/mo property income covering a $563/mo payment rather than investor’s personal income.
Single Family
Built in 1897
4.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48158, Manchester, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,254 (100%) |
| Owner Occupied HU | 2,773 (85.2%) |
| Renter Occupied HU | 312 ( 9.6%) |
| Vacant Housing Units | 169 ( 5.2%) |
| Median Home Value | $363,695 |
| Average Home Value | $428,857 |
Housing Distribution
Address Breakdown
Residential
2,959
Single Family
2,934
Multi-Family
25
Businesses
172
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Listed by: Jo Cook • Golden Key Realty Group LLC
Mls Name: Realcomp II
Mls ID: #20251037841