4531 Mockingbird CirFarwellMI48622
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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 Farwell at 4531 Mockingbird Cir, Farwell, MI, 48622 priced at $239,000 converts $1,936/mo rent into $292/mo cash flow after a $1,170/mo obligation. Total monthly income equals $1,936/mo, and annual cash flow totals $3,501/yr on $79,229 invested. Return on cash invested prints 24.33% in year one, and rental yield reads 9.72% against a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation compiles into $66,031 by year five. Five-year ROI reaches 127.45% and total cumulative return in cash sums $100,980. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,936/mo property income covering a $1,170/mo payment, not borrower’s personal income.
Single Family
Built in 1972
9.22 Acres lot
$N/A/sqft
No 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: Rieley Prevett • Full Circle Real Estate Group LLC
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20250012402
Disclaimer: IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2025 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. The data relating to real estate properties on this website was last updated as recently as 2025-02-27 01:13:10 PST Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR- Lauren Buttazzoni - (313) 479-2702