412 Woodard StOakleyMI48649
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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 Oakley at 412 Woodard St, Oakley, MI, 48649 listed at $179,900 pairs $1,223/mo rent with a $881/mo payment to leave $36/mo cash flow. Total monthly income runs $1,223/mo, and annual cash flow reaches $434/yr on $59,637 cash to close. Return on cash invested measures 20.64% in year one, and rental yield registers 8.16% at a $179,900 basis. Equity gained on principal adds $1,161/yr, and annual property appreciation at 5% supports $49,703 by year five. Five-year ROI tracks 107.35% and total cumulative return in cash totals $64,017. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,223/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48649, Oakley, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 812 (100%) |
| Owner Occupied HU | 667 (82.1%) |
| Renter Occupied HU | 109 (13.4%) |
| Vacant Housing Units | 36 ( 4.4%) |
| Median Home Value | $204,529 |
| Average Home Value | $242,279 |
Housing Distribution
Address Breakdown
Residential
620
Single Family
620
Multi-Family
0
Businesses
24
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