3829 N Meridian RdSanfordMI48657
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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 Sanford at 3829 N Meridian Rd, Sanford, MI, 48657 listed at $279,900 pairs $2,065/mo rent with a $1,370/mo payment to leave $219/mo cash flow. Total monthly income runs $2,065/mo, and annual cash flow reaches $2,630/yr on $92,787 cash to close. Return on cash invested measures 22.74% in year one, and rental yield registers 8.85% at a $279,900 basis. Equity gained on principal adds $1,806/yr, and annual property appreciation at 5% supports $77,331 by year five. Five-year ROI tracks 118.62% and total cumulative return in cash totals $110,065. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,065/mo property income relative to a $1,370/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
3.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48657, Sanford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,698 (100%) |
| Owner Occupied HU | 3,015 (81.5%) |
| Renter Occupied HU | 372 (10.1%) |
| Vacant Housing Units | 311 ( 8.4%) |
| Median Home Value | $222,548 |
| Average Home Value | $272,885 |
Housing Distribution
Address Breakdown
Residential
3,522
Single Family
3,522
Multi-Family
0
Businesses
159
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