232 Winberg RdSkandiaMI49885
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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 Skandia at 232 Winberg Rd, Skandia, MI, 49885 listed at $479,900 pairs $2,676/mo rent with a $2,349/mo payment. Total monthly income runs $2,676/mo. Return on cash invested measures 16.22% in year one, and rental yield registers 6.69% at a $479,900 basis. Equity gained on principal adds $3,097/yr, and annual property appreciation at 5% supports $132,588 by year five. Five-year ROI tracks 83.63% and total cumulative return in cash totals $133,041. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,676/mo property income relative to a $2,349/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1922
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49885, Skandia, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,289 (100%) |
| Owner Occupied HU | 928 (72.0%) |
| Renter Occupied HU | 78 ( 6.1%) |
| Vacant Housing Units | 283 (22.0%) |
| Median Home Value | $278,333 |
| Average Home Value | $319,011 |
Housing Distribution
Address Breakdown
Residential
771
Single Family
771
Multi-Family
0
Businesses
25
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