3328 Wagner RdCroswellMI48422
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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 Croswell at 3328 Wagner Rd, Croswell, MI, 48422 offers a 13.79% rental yield on a $349,900 purchase with $4,020/mo rent. Total monthly income registers $4,020/mo, and a $1,713/mo payment leaves $1,712/mo available for distribution. Annual cash flow reaches $20,546/yr on $115,992 to close, and return on cash invested stands at 37.62% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,671 over five years. Portfolio math shows five-year ROI at 198.39% and total cumulative return in cash at $230,118. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,020/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48422, Croswell, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,769 (100%) |
| Owner Occupied HU | 2,044 (73.8%) |
| Renter Occupied HU | 484 (17.5%) |
| Vacant Housing Units | 241 ( 8.7%) |
| Median Home Value | $180,859 |
| Average Home Value | $216,363 |
Housing Distribution
Address Breakdown
Residential
2,589
Single Family
2,440
Multi-Family
149
Businesses
157
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