2906 Castor RdGoodellsMI48027
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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 Goodells at 2906 Castor Rd, Goodells, MI, 48027 listed at $265,000 pairs $1,523/mo rent with a $1,297/mo payment. Total monthly income runs $1,523/mo. Return on cash invested measures 16.84% in year one, and rental yield registers 6.9% at a $265,000 basis. Equity gained on principal adds $1,710/yr, and annual property appreciation at 5% supports $73,215 by year five. Five-year ROI tracks 86.95% and total cumulative return in cash totals $76,383. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,523/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48027, Goodells, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,296 (100%) |
| Owner Occupied HU | 1,152 (88.9%) |
| Renter Occupied HU | 84 ( 6.5%) |
| Vacant Housing Units | 60 ( 4.6%) |
| Median Home Value | $279,188 |
| Average Home Value | $292,381 |
Housing Distribution
Address Breakdown
Residential
1,246
Single Family
1,246
Multi-Family
0
Businesses
37
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