3789 W Waterwheel RdStantonMI48888
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 Stanton at 3789 W Waterwheel Rd, Stanton, MI, 48888 offers a 8.92% rental yield on a $209,900 purchase with $1,560/mo rent. Total monthly income registers $1,560/mo, and a $1,027/mo payment leaves $176/mo available for distribution. Annual cash flow reaches $2,114/yr on $69,582 to close, and return on cash invested stands at 22.95% in year one. Equity gained on principal adds $1,354/yr while 5% annual appreciation supports $57,992 over five years. Portfolio math shows five-year ROI at 119.73% and total cumulative return in cash at $83,312. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,560/mo property income against a $1,027/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1996
4.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48888, Stanton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,241 (100%) |
| Owner Occupied HU | 2,224 (68.6%) |
| Renter Occupied HU | 459 (14.2%) |
| Vacant Housing Units | 558 (17.2%) |
| Median Home Value | $231,772 |
| Average Home Value | $235,794 |
Housing Distribution
Address Breakdown
Residential
2,636
Single Family
2,582
Multi-Family
54
Businesses
169
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