5778 Maple DrFarwellMI48622
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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 Farwell at 5778 Maple Dr, Farwell, MI, 48622 offers $4,199/mo rent that, after a $1,268/mo payment, leaves $2,419/mo cash flow. Total monthly income is $4,199/mo, and annual cash flow is $29,024/yr on $85,859 cash. Return on cash invested measures 53.71% in year one, and rental yield stands at 19.45% at a $259,000 entry. Equity gained on principal adds $1,671/yr while 5% annual appreciation compounds into $71,557 by year five. Five-year ROI records 285.03% and total cumulative return in cash reaches $244,720. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,199/mo property income versus a $1,268/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
2.91 Acres lot
$N/A/sqft
$864 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48622, Farwell, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,479 (100%) |
| Owner Occupied HU | 2,259 (64.9%) |
| Renter Occupied HU | 378 (10.9%) |
| Vacant Housing Units | 842 (24.2%) |
| Median Home Value | $170,966 |
| Average Home Value | $201,760 |
Housing Distribution
Address Breakdown
Residential
2,793
Single Family
2,769
Multi-Family
24
Businesses
110
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Nearby investment properties with comparable prices
Listed by: Jane Ann Palmer • CENTURY 21 SIGNATURE REALTY - CLARE
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1924382
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2024 Northern Great Lakes REALTORS MLS. All Rights Reserved.