566 W Chippewa CtSanfordMI48657
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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
Investment property for sale in Sanford at 566 W Chippewa Ct, Sanford, MI, 48657 listed at $739,000 pairs $2,932/mo rent with a $3,617/mo payment. Total monthly income runs $2,932/mo. Return on cash invested measures 10.48% in year one, and rental yield registers 4.76% at a $739,000 basis. Equity gained on principal adds $4,769/yr, and annual property appreciation at 5% supports $204,172 by year five. Five-year ROI tracks 52.78% and total cumulative return in cash totals $128,324. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,932/mo property income relative to a $3,617/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1988
3.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48657, Sanford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,698 (100%) |
| Owner Occupied HU | 3,015 (81.5%) |
| Renter Occupied HU | 372 (10.1%) |
| Vacant Housing Units | 311 ( 8.4%) |
| Median Home Value | $222,548 |
| Average Home Value | $272,885 |
Housing Distribution
Address Breakdown
Residential
3,522
Single Family
3,522
Multi-Family
0
Businesses
159
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Listed by: Karen Sirrine • RE/MAX of Midland
Mls Name: MIDMLS
Mls Provider:
Mls ID: #50171024
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.