3451 Midway DrSodusMI49126
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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 Sodus at 3451 Midway Dr, Sodus, MI, 49126 generates $1,186/mo in rent and, after a $729/mo payment, leaves $204/mo in cash flow. Total monthly income is $1,186/mo, and annual cash flow is $2,444/yr on $49,394 invested. Return on cash invested sits at 24.86% in year one, and rental yield is 9.55% on a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 129.94% and total cumulative return in cash sums $64,180. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,186/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
0.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49126, Sodus, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 525 (100%) |
| Owner Occupied HU | 379 (72.2%) |
| Renter Occupied HU | 72 (13.7%) |
| Vacant Housing Units | 74 (14.1%) |
| Median Home Value | $256,818 |
| Average Home Value | $273,714 |
Housing Distribution
Address Breakdown
Residential
534
Single Family
534
Multi-Family
0
Businesses
30
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