565 Rockford RdIdlewildMI49642
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 Idlewild at 565 Rockford Rd, Idlewild, MI, 49642 at $134,900 posts ROI 38.87% with $707/mo cash flow from $1,596/mo rent. Total monthly income equals $1,596/mo, and annual cash flow records $8,480/yr on $44,719 to close. Return on cash invested measures 38.87% and rental yield reads 14.2% at the current $134,900. Equity gained on principal adds $870/yr, and 5% annual appreciation supports $37,270 by year five. Five-year ROI prints 205.1% and total cumulative return in cash totals $91,721.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,596/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1952
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49642, Idlewild, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,183 (100%) |
| Owner Occupied HU | 341 (28.8%) |
| Renter Occupied HU | 103 ( 8.7%) |
| Vacant Housing Units | 739 (62.5%) |
| Median Home Value | $156,786 |
| Average Home Value | $200,029 |
Housing Distribution
Address Breakdown
Residential
385
Single Family
362
Multi-Family
23
Businesses
24
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Nearby investment properties with comparable prices
