4780 N Verity CtSanfordMI48657
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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 Sanford at 4780 N Verity Ct, Sanford, MI, 48657 priced at $100,000 pairs $1,591/mo rent with $930/mo cash flow after a $489/mo payment. Total monthly income equals $1,591/mo, and annual cash flow comes to $11,159/yr on $33,150 invested. Return on cash invested is 53.57% in year one, and rental yield stands at 19.09% on a $100,000 basis. Equity gained on principal adds $645/yr, and 5% annual appreciation accumulates to $27,628 by year five. Five-year ROI measures 283.92% and total cumulative return in cash reaches $94,120. For financing, Ziffy Mortgage’s DSCR program evaluates $1,591/mo property income against a $489/mo payment instead of your W2s, 1099s, or Tax returns.
Lot
Built in N/A
N/A lot
$N/A/sqft
$25 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48657, Sanford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,698 (100%) |
| Owner Occupied HU | 3,015 (81.5%) |
| Renter Occupied HU | 372 (10.1%) |
| Vacant Housing Units | 311 ( 8.4%) |
| Median Home Value | $222,548 |
| Average Home Value | $272,885 |
Housing Distribution
Address Breakdown
Residential
3,522
Single Family
3,522
Multi-Family
0
Businesses
159
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Listed by: Linda Bennett Dice • Ayre Rhinehart Real Estate Partners
Mls Name: MIDMLS
Mls Provider:
Mls ID: #50126762
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.