475 Tyler 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
Rental property for sale in Wayland at 475 Tyler Rd, Wayland, MI, 49348 generates $2,074/mo in rent and, after a $752/mo payment, leaves $1,061/mo in cash flow. Total monthly income is $2,074/mo, and annual cash flow is $12,731/yr on $50,918 invested. Return on cash invested sits at 44.91% in year one, and rental yield is 16.2% on a $153,600 entry. Equity gained on principal adds $991/yr, while 5% annual appreciation builds toward $42,437 over five years. Five-year ROI reaches 237.45% and total cumulative return in cash sums $120,908. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,074/mo property income rather than buyer’s personal income.
Manufactured
Built in 1997
4.17 Acres lot
$N/A/sqft
No 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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