2993 Clifford RdSilverwoodMI48760
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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
Rental property for sale in Silverwood at 2993 Clifford Rd, Silverwood, MI, 48760 generates $2,137/mo in rent and, after a $1,224/mo payment, leaves $488/mo in cash flow. Total monthly income is $2,137/mo, and annual cash flow is $5,856/yr on $82,875 invested. Return on cash invested sits at 26.98% in year one, and rental yield is 10.26% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 141.25% and total cumulative return in cash sums $117,058. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,137/mo property income rather than buyer’s personal income.
Manufactured
Built in 2001
7.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48760, Silverwood, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 591 (100%) |
| Owner Occupied HU | 394 (66.7%) |
| Renter Occupied HU | 47 ( 8.0%) |
| Vacant Housing Units | 150 (25.4%) |
| Median Home Value | $214,545 |
| Average Home Value | $261,694 |
Housing Distribution
Address Breakdown
Residential
542
Single Family
542
Multi-Family
0
Businesses
3
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Listed by: Mathew Belanger • Keller Williams Paint Creek
Mls Name: Realcomp II
Mls ID: #20251031350