5259 S State RdGoodrichMI48438
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 Goodrich at 5259 S State Rd, Goodrich, MI, 48438 at $1,200,000 posts ROI 15.05% with from $6,190/mo rent. Total monthly income equals $6,190/mo. Return on cash invested measures 15.05% and rental yield reads 6.19% at the current $1,200,000. Equity gained on principal adds $7,743/yr, and 5% annual appreciation supports $331,538 by year five. Five-year ROI prints 77.24% and total cumulative return in cash totals $300,299. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,190/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
115.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48438, Goodrich, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,582 (100%) |
| Owner Occupied HU | 2,365 (91.6%) |
| Renter Occupied HU | 122 ( 4.7%) |
| Vacant Housing Units | 95 ( 3.7%) |
| Median Home Value | $342,692 |
| Average Home Value | $373,386 |
Housing Distribution
Address Breakdown
Residential
2,574
Single Family
2,558
Multi-Family
16
Businesses
171
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
