4240 N Woodruff RdWeidmanMI48893
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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 Weidman at 4240 N Woodruff Rd, Weidman, MI, 48893 uses $66,267 cash to close to unlock $5,858/yr annual cash flow and $488/mo monthly cash flow. Total monthly income runs $1,806/mo, and a $978/mo payment keeps the spread at $488/mo. Purchase price stands at $199,900, and rental yield measures 10.84% with $1,806/mo rent. Return on cash invested shows 28.75% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 150.83% and total cumulative return in cash records $99,949. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,806/mo property income covering a $978/mo payment rather than investor’s personal income.
Manufactured
Built in 1975
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48893, Weidman, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,644 (100%) |
| Owner Occupied HU | 1,977 (74.8%) |
| Renter Occupied HU | 203 ( 7.7%) |
| Vacant Housing Units | 464 (17.5%) |
| Median Home Value | $204,836 |
| Average Home Value | $235,420 |
Housing Distribution
Address Breakdown
Residential
2,409
Single Family
2,409
Multi-Family
0
Businesses
95
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