468 W Maple Grove RdFarwellMI48622
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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
Rental property for sale in Farwell at 468 W Maple Grove Rd, Farwell, MI, 48622 priced at $205,000 pairs $2,561/mo rent with $1,210/mo cash flow after a $1,003/mo payment. Total monthly income equals $2,561/mo, and annual cash flow comes to $14,514/yr on $67,958 invested. Return on cash invested is 41.27% in year one, and rental yield stands at 14.99% on a $205,000 basis. Equity gained on principal adds $1,323/yr, and 5% annual appreciation accumulates to $56,638 by year five. Five-year ROI measures 217.93% and total cumulative return in cash reaches $148,098. For financing, Ziffy Mortgage’s DSCR program evaluates $2,561/mo property income against a $1,003/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1957
2.05 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: Jonathan Dixon • Heart of Up North Realty, LLC
Mls Name: WWMLS
Mls Provider:
Mls ID: #201829696
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