2835 E Sessions RdSheridanMI48884
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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 Sheridan at 2835 E Sessions Rd, Sheridan, MI, 48884 uses $49,692 cash to close to unlock $2,102/yr annual cash flow and $175/mo monthly cash flow. Total monthly income runs $1,164/mo, and a $734/mo payment keeps the spread at $175/mo. Purchase price stands at $149,900, and rental yield measures 9.32% with $1,164/mo rent. Return on cash invested shows 24.14% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 126.17% and total cumulative return in cash records $62,699. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,164/mo property income covering a $734/mo payment rather than investor’s personal income.
Manufactured
Built in 1986
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48884, Sheridan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,784 (100%) |
| Owner Occupied HU | 1,378 (77.2%) |
| Renter Occupied HU | 245 (13.7%) |
| Vacant Housing Units | 161 ( 9.0%) |
| Median Home Value | $223,711 |
| Average Home Value | $231,154 |
Housing Distribution
Address Breakdown
Residential
1,709
Single Family
1,668
Multi-Family
41
Businesses
66
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