4244 Hillandale RdSodusMI49126
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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
Rental property for sale in Sodus at 4244 Hillandale Rd, Sodus, MI, 49126 priced at $199,000 converts $2,490/mo rent into $1,178/mo cash flow after a $974/mo obligation. Total monthly income equals $2,490/mo, and annual cash flow totals $14,132/yr on $65,969 invested. Return on cash invested prints 41.33% in year one, and rental yield reads 15.02% against a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation compiles into $54,980 by year five. Five-year ROI reaches 218.26% and total cumulative return in cash sums $143,982. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,490/mo property income covering a $974/mo payment, not borrower’s personal income.
Single Family
Built in 1890
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49126, Sodus, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 525 (100%) |
| Owner Occupied HU | 379 (72.2%) |
| Renter Occupied HU | 72 (13.7%) |
| Vacant Housing Units | 74 (14.1%) |
| Median Home Value | $256,818 |
| Average Home Value | $273,714 |
Housing Distribution
Address Breakdown
Residential
534
Single Family
534
Multi-Family
0
Businesses
30
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