30009 S Springer RdGoetzvilleMI49736
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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 Goetzville at 30009 S Springer Rd, Goetzville, MI, 49736 earns $425/mo cash flow from $1,691/mo rent with a $940/mo payment. Total monthly income totals $1,691/mo, and annual cash flow totals $5,095/yr on $63,648 capital. ROI tracks 27.91% on current figures, and rental yield reads 10.57% at a $192,000 purchase. Equity gained on principal adds $1,239/yr, and 5% annual appreciation supports $53,046 over five years. Five-year ROI reaches 146.31% and total cumulative return in cash sums $93,124. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,691/mo property income instead of your personal income.
Single Family
Built in 1996
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49736, Goetzville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 574 (100%) |
| Owner Occupied HU | 240 (41.8%) |
| Renter Occupied HU | 16 ( 2.8%) |
| Vacant Housing Units | 318 (55.4%) |
| Median Home Value | $159,559 |
| Average Home Value | $196,990 |
Housing Distribution
Address Breakdown
Residential
308
Single Family
308
Multi-Family
0
Businesses
7
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Listed by: Julie Wiater • KW Northern Michigan Properties
Mls Name: EUPBR
Mls ID: #25-683