3661 Watson RdSodusMI49126
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Sodus at 3661 Watson Rd, Sodus, MI, 49126 listed at $223,000 pairs $2,162/mo rent with a $1,091/mo payment to leave $692/mo cash flow. Total monthly income runs $2,162/mo, and annual cash flow reaches $8,303/yr on $73,925 cash to close. Return on cash invested measures 31.14% in year one, and rental yield registers 11.63% at a $223,000 basis. Equity gained on principal adds $1,439/yr, and annual property appreciation at 5% supports $61,611 by year five. Five-year ROI tracks 163.6% and total cumulative return in cash totals $120,941. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,162/mo property income relative to a $1,091/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1988
1.50 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
