4242 E 46th RdCadillacMI49601
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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 Cadillac at 4242 E 46th Rd, Cadillac, MI, 49601 uses $69,582 cash to close to unlock $2,822/yr annual cash flow and $235/mo monthly cash flow. Total monthly income runs $1,619/mo, and a $1,027/mo payment keeps the spread at $235/mo. Purchase price stands at $209,900, and rental yield measures 9.26% with $1,619/mo rent. Return on cash invested shows 23.96% in year one, and 5% annual appreciation builds toward $57,992 over five years. Five-year ROI reaches 125.18% and total cumulative return in cash records $87,104. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,619/mo property income covering a $1,027/mo payment rather than investor’s personal income.
Manufactured
Built in 2005
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49601, Cadillac, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,792 (100%) |
| Owner Occupied HU | 6,921 (64.1%) |
| Renter Occupied HU | 2,336 (21.6%) |
| Vacant Housing Units | 1,535 (14.2%) |
| Median Home Value | $181,348 |
| Average Home Value | $216,653 |
Housing Distribution
Address Breakdown
Residential
9,540
Single Family
9,123
Multi-Family
417
Businesses
1,025
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