31347 Baseline RdGoblesMI49055
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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 Gobles at 31347 Baseline Rd, Gobles, MI, 49055 earns $1,231/mo cash flow from $1,944/mo rent with a $529/mo payment. Total monthly income totals $1,944/mo, and annual cash flow totals $14,777/yr on $35,802 capital. ROI tracks 61.18% on current figures, and rental yield reads 21.6% at a $108,000 purchase. Equity gained on principal adds $697/yr, and 5% annual appreciation supports $29,838 over five years. Five-year ROI reaches 324.77% and total cumulative return in cash sums $116,276. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,944/mo property income instead of your personal income.
Single Family
Built in 1980
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49055, Gobles, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,993 (100%) |
| Owner Occupied HU | 2,136 (71.4%) |
| Renter Occupied HU | 383 (12.8%) |
| Vacant Housing Units | 474 (15.8%) |
| Median Home Value | $246,127 |
| Average Home Value | $290,083 |
Housing Distribution
Address Breakdown
Residential
2,522
Single Family
2,498
Multi-Family
24
Businesses
98
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