5733 N Enchanted Forest DrSanfordMI48657
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 Sanford at 5733 N Enchanted Forest Dr, Sanford, MI, 48657 with 5% annual appreciation on a $630,000 basis while $3,534/mo rent supports operations. 22% in year one. Equity gained on principal adds $4,065/yr, and five-year appreciation sums $174,057 alongside rental yield of 6.73%. Five-year ROI measures 83.68% and total cumulative return in cash totals $173,446. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,534/mo property income versus a $3,084/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2001
1.93 Acres lot
$N/A/sqft
$500 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christina Reimer • RE/MAX of Midland
Mls Name: MIDMLS
Mls Provider:
Mls ID: #50173367
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.