30288 Wedgewood CirRosevilleMI48066
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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 Roseville at 30288 Wedgewood Cir, Roseville, MI, 48066 offers a 9.21% rental yield on a $125,900 purchase with $966/mo rent. 67% in year one. Equity gained on principal adds $812/yr while 5% annual appreciation supports $34,784 over five years. Portfolio math shows five-year ROI at 98.62% and total cumulative return in cash at $41,160. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $966/mo property income against a $616/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2002
N/A lot
$N/A/sqft
$130 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48066, Roseville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,468 (100%) |
| Owner Occupied HU | 13,572 (63.2%) |
| Renter Occupied HU | 6,839 (31.9%) |
| Vacant Housing Units | 1,057 ( 4.9%) |
| Median Home Value | $155,653 |
| Average Home Value | $205,217 |
Housing Distribution
Address Breakdown
Residential
20,626
Single Family
19,410
Multi-Family
1,216
Businesses
1,436
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Listed by: Angelina Saputo • Real Estate One Inc -SCS
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50172481
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