46 N Garfield RdLinwoodMI48634
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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 Linwood at 46 N Garfield Rd, Linwood, MI, 48634 uses $44,753 cash to close to unlock $1,614/yr annual cash flow and $135/mo monthly cash flow. Total monthly income runs $1,025/mo, and a $661/mo payment keeps the spread at $135/mo. Purchase price stands at $135,000, and rental yield measures 9.11% with $1,025/mo rent. Return on cash invested shows 23.52% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 122.76% and total cumulative return in cash records $54,937. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,025/mo property income covering a $661/mo payment rather than investor’s personal income.
Single Family
Built in 1960
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48634, Linwood, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,839 (100%) |
| Owner Occupied HU | 1,608 (87.4%) |
| Renter Occupied HU | 155 ( 8.4%) |
| Vacant Housing Units | 76 ( 4.1%) |
| Median Home Value | $203,968 |
| Average Home Value | $247,979 |
Housing Distribution
Address Breakdown
Residential
1,683
Single Family
1,667
Multi-Family
16
Businesses
100
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