4349 Walter RdWaylandMI49348
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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
Total monthly income runs $3,101/mo, and a $2,740/mo payment. Purchase price stands at $559,900, and rental yield measures 6.65% with $3,101/mo rent. Return on cash invested shows 15.67% in year one, and 5% annual appreciation builds toward $154,690 over five years. Five-year ROI reaches 80.8% and total cumulative return in cash records $148,834. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,101/mo property income covering a $2,740/mo payment rather than investor’s personal income.
Single Family
Built in 2006
3.47 Acres lot
$N/A/sqft
$1,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49348, Wayland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,099 (100%) |
| Owner Occupied HU | 4,611 (75.6%) |
| Renter Occupied HU | 1,091 (17.9%) |
| Vacant Housing Units | 397 ( 6.5%) |
| Median Home Value | $292,402 |
| Average Home Value | $347,766 |
Housing Distribution
Address Breakdown
Residential
5,778
Single Family
5,133
Multi-Family
645
Businesses
388
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