4263 S Sheridan RdSheridanMI48884
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Sheridan at 4263 S Sheridan Rd, Sheridan, MI, 48884 generates $2,317/mo in rent and, after a $1,301/mo payment, leaves $564/mo in cash flow. Total monthly income is $2,317/mo, and annual cash flow is $6,768/yr on $88,146 invested. Return on cash invested sits at 27.59% in year one, and rental yield is 10.46% on a $265,900 entry. Equity gained on principal adds $1,716/yr, while 5% annual appreciation builds toward $73,463 over five years. Five-year ROI reaches 144.54% and total cumulative return in cash sums $127,402. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,317/mo property income rather than buyer’s personal income.
Manufactured
Built in 2021
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48884, Sheridan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,784 (100%) |
| Owner Occupied HU | 1,378 (77.2%) |
| Renter Occupied HU | 245 (13.7%) |
| Vacant Housing Units | 161 ( 9.0%) |
| Median Home Value | $223,711 |
| Average Home Value | $231,154 |
Housing Distribution
Address Breakdown
Residential
1,709
Single Family
1,668
Multi-Family
41
Businesses
66
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices