5102 Velte RdWoodlandMI48897
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Woodland at 5102 Velte Rd, Woodland, MI, 48897 offers a 12.2% rental yield on a $213,000 purchase with $2,165/mo rent. Total monthly income registers $2,165/mo, and a $1,043/mo payment leaves $760/mo available for distribution. Annual cash flow reaches $9,119/yr on $70,610 to close, and return on cash invested stands at 32.82% in year one. Equity gained on principal adds $1,374/yr while 5% annual appreciation supports $58,848 over five years. Portfolio math shows five-year ROI at 172.61% and total cumulative return in cash at $121,881. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,165/mo property income against a $1,043/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
1.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48897, Woodland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 626 (100%) |
| Owner Occupied HU | 504 (80.5%) |
| Renter Occupied HU | 82 (13.1%) |
| Vacant Housing Units | 40 ( 6.4%) |
| Median Home Value | $264,796 |
| Average Home Value | $351,429 |
Housing Distribution
Address Breakdown
Residential
570
Single Family
555
Multi-Family
15
Businesses
28
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
