5967 S Forman RdBaldwinMI49304
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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 Baldwin at 5967 S Forman Rd, Baldwin, MI, 49304 generates $838/mo in rent and, after a $538/mo payment, leaves $113/mo in cash flow. Total monthly income is $838/mo, and annual cash flow is $1,356/yr on $36,465 invested. Return on cash invested sits at 23.63% in year one, and rental yield is 9.14% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 123.31% and total cumulative return in cash sums $44,964. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $838/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
6.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49304, Baldwin, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,819 (100%) |
| Owner Occupied HU | 1,488 (25.6%) |
| Renter Occupied HU | 467 ( 8.0%) |
| Vacant Housing Units | 3,864 (66.4%) |
| Median Home Value | $141,453 |
| Average Home Value | $196,193 |
Housing Distribution
Address Breakdown
Residential
2,189
Single Family
2,003
Multi-Family
186
Businesses
159
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