4882 Ridgeway DrCass CityMI48726
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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 Cass City at 4882 Ridgeway Dr, Cass City, MI, 48726 uses $47,371 cash to close to unlock $2,401/yr annual cash flow and $200/mo monthly cash flow. Total monthly income runs $1,142/mo, and a $699/mo payment keeps the spread at $200/mo. Purchase price stands at $142,900, and rental yield measures 9.59% with $1,142/mo rent. Return on cash invested shows 24.98% in year one, and 5% annual appreciation builds toward $39,481 over five years. Five-year ROI reaches 130.63% and total cumulative return in cash records $61,881. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,142/mo property income covering a $699/mo payment rather than investor’s personal income.
Condo
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48726, Cass City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,671 (100%) |
| Owner Occupied HU | 2,041 (76.4%) |
| Renter Occupied HU | 411 (15.4%) |
| Vacant Housing Units | 219 ( 8.2%) |
| Median Home Value | $162,688 |
| Average Home Value | $205,603 |
Housing Distribution
Address Breakdown
Residential
2,602
Single Family
2,581
Multi-Family
21
Businesses
182
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