3970 Wheeler RdBay CityMI48706
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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 Bay City at 3970 Wheeler Rd, Bay City, MI, 48706 uses $89,472 cash to close to unlock $10,826/yr annual cash flow and $902/mo monthly cash flow. Total monthly income runs $2,682/mo, and a $1,321/mo payment keeps the spread at $902/mo. Purchase price stands at $269,900, and rental yield measures 11.92% with $2,682/mo rent. Return on cash invested shows 32.01% in year one, and 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 168.31% and total cumulative return in cash records $150,594. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,682/mo property income covering a $1,321/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48706, Bay City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,544 (100%) |
| Owner Occupied HU | 13,819 (74.5%) |
| Renter Occupied HU | 3,586 (19.3%) |
| Vacant Housing Units | 1,139 ( 6.1%) |
| Median Home Value | $169,366 |
| Average Home Value | $211,566 |
Housing Distribution
Address Breakdown
Residential
17,819
Single Family
16,686
Multi-Family
1,133
Businesses
1,168
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