410 Wise StHopkinsMI49328
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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 Hopkins at 410 Wise St, Hopkins, MI, 49328 earns $612/mo cash flow from $1,952/mo rent with a $995/mo payment. Total monthly income totals $1,952/mo, and annual cash flow totals $7,339/yr on $67,361 capital. ROI tracks 30.8% on current figures, and rental yield reads 11.53% at a $203,200 purchase. Equity gained on principal adds $1,311/yr, and 5% annual appreciation supports $56,140 over five years. Five-year ROI reaches 161.82% and total cumulative return in cash sums $109,001. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,952/mo property income instead of your personal income.
Manufactured
Built in 1987
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49328, Hopkins, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,641 (100%) |
| Owner Occupied HU | 1,370 (83.5%) |
| Renter Occupied HU | 177 (10.8%) |
| Vacant Housing Units | 94 ( 5.7%) |
| Median Home Value | $287,900 |
| Average Home Value | $313,617 |
Housing Distribution
Address Breakdown
Residential
1,771
Single Family
1,580
Multi-Family
191
Businesses
71
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