484 Mallard DrColdwaterMI49036
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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 Coldwater at 484 Mallard Dr, Coldwater, MI, 49036 uses $74,588 cash to close to unlock $774/yr annual cash flow and $65/mo monthly cash flow. Total monthly income runs $1,598/mo, and a $1,101/mo payment keeps the spread at $65/mo. Purchase price stands at $225,000, and rental yield measures 8.52% with $1,598/mo rent. Return on cash invested shows 20.95% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 109.27% and total cumulative return in cash records $81,501. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,598/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Manufactured
Built in 2002
0.52 Acres lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49036, Coldwater, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,077 (100%) |
| Owner Occupied HU | 6,734 (55.8%) |
| Renter Occupied HU | 2,756 (22.8%) |
| Vacant Housing Units | 2,587 (21.4%) |
| Median Home Value | $166,465 |
| Average Home Value | $212,591 |
Housing Distribution
Address Breakdown
Residential
11,009
Single Family
10,036
Multi-Family
973
Businesses
866
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