5955 N Pendell RdElwellMI48832
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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 Elwell at 5955 N Pendell Rd, Elwell, MI, 48832 listed at $119,000 pairs $938/mo rent with a $582/mo payment to leave $154/mo cash flow. Total monthly income runs $938/mo, and annual cash flow reaches $1,844/yr on $39,449 cash to close. Return on cash invested measures 24.58% in year one, and rental yield registers 9.46% at a $119,000 basis. Equity gained on principal adds $768/yr, and annual property appreciation at 5% supports $32,878 by year five. Five-year ROI tracks 128.47% and total cumulative return in cash totals $50,681. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $938/mo property income relative to a $582/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1993
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48832, Elwell, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 653 (100%) |
| Owner Occupied HU | 538 (82.4%) |
| Renter Occupied HU | 50 ( 7.7%) |
| Vacant Housing Units | 65 ( 10.0%) |
| Median Home Value | $168,077 |
| Average Home Value | $195,367 |
Housing Distribution
Address Breakdown
Residential
563
Single Family
563
Multi-Family
0
Businesses
10
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