5259A S State Rd, Goodrich, MI, 48438 | 3.19% Rental Yield

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NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,140/mo, and a $2,100/mo payment. Purchase price stands at $429,000, and rental yield measures 3.19% with $1,140/mo rent. Return on cash invested shows 5.65% in year one, and 5% annual appreciation builds toward $118,525 over five years. Five-year ROI reaches 26.93% and total cumulative return in cash records $38,305. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,140/mo property income covering a $2,100/mo payment rather than investor’s personal income.

Single Family

Built in 1965

5 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