500 Wildes StMidlandMI48640
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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 Midland at 500 Wildes St, Midland, MI, 48640 with 5% annual appreciation on a $163,900 basis while $1,426/mo rent supports operations. Total monthly income totals $1,426/mo and a $802/mo payment preserves $345/mo for cash returns. Annual cash flow comes to $4,144/yr on $54,333 deployed, and return on cash invested reaches 27.54% in year one. Equity gained on principal adds $1,058/yr, and five-year appreciation sums $45,283 alongside rental yield of 10.44%. Five-year ROI measures 144.34% and total cumulative return in cash totals $78,422.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,426/mo property income versus a $802/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1957
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48640, Midland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,874 (100%) |
| Owner Occupied HU | 10,179 (73.4%) |
| Renter Occupied HU | 2,982 (21.5%) |
| Vacant Housing Units | 713 ( 5.1%) |
| Median Home Value | $218,735 |
| Average Home Value | $255,286 |
Housing Distribution
Address Breakdown
Residential
13,764
Single Family
13,044
Multi-Family
720
Businesses
1,076
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