557 W Wildwood DrOwossoMI48867
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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
Rental property for sale in Owosso at 557 W Wildwood Dr, Owosso, MI, 48867 generates $3,522/mo in rent and, after a $2,397/mo payment, leaves $292/mo in cash flow. Total monthly income is $3,522/mo, and annual cash flow is $3,508/yr on $162,369 invested. Return on cash invested sits at 22.07% in year one, and rental yield is 8.63% on a $489,800 entry. Equity gained on principal adds $3,161/yr, while 5% annual appreciation builds toward $135,323 over five years. Five-year ROI reaches 114.97% and total cumulative return in cash sums $186,681. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,522/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48867, Owosso, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,293 (100%) |
| Owner Occupied HU | 8,382 (68.2%) |
| Renter Occupied HU | 3,189 (25.9%) |
| Vacant Housing Units | 722 ( 5.9%) |
| Median Home Value | $165,494 |
| Average Home Value | $198,462 |
Housing Distribution
Address Breakdown
Residential
11,929
Single Family
10,663
Multi-Family
1,266
Businesses
931
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