4480 Mockingbird CirFarwellMI48622
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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 Farwell at 4480 Mockingbird Cir, Farwell, MI, 48622 listed at $315,000 pairs $2,474/mo rent with a $1,542/mo payment to leave $323/mo cash flow. Total monthly income runs $2,474/mo, and annual cash flow reaches $3,878/yr on $104,423 cash to close. Return on cash invested measures 23.62% in year one, and rental yield registers 9.42% at a $315,000 basis. Equity gained on principal adds $2,033/yr, and annual property appreciation at 5% supports $87,029 by year five. Five-year ROI tracks 123.63% and total cumulative return in cash totals $129,101. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,474/mo property income relative to a $1,542/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
2.94 Acres lot
$N/A/sqft
$880 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48622, Farwell, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,479 (100%) |
| Owner Occupied HU | 2,259 (64.9%) |
| Renter Occupied HU | 378 (10.9%) |
| Vacant Housing Units | 842 (24.2%) |
| Median Home Value | $170,966 |
| Average Home Value | $201,760 |
Housing Distribution
Address Breakdown
Residential
2,793
Single Family
2,769
Multi-Family
24
Businesses
110
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Listed by: Jane Ann Palmer • CENTURY 21 SIGNATURE REALTY - CLARE
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1933925
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.