6015 Jeddo RdJeddoMI48032
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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 Jeddo at 6015 Jeddo Rd, Jeddo, MI, 48032 uses $65,637 cash to close to unlock $6,245/yr annual cash flow and $520/mo monthly cash flow. Total monthly income runs $1,826/mo, and a $969/mo payment keeps the spread at $520/mo. Purchase price stands at $198,000, and rental yield measures 11.07% with $1,826/mo rent. Return on cash invested shows 29.42% in year one, and 5% annual appreciation builds toward $54,704 over five years. Five-year ROI reaches 154.44% and total cumulative return in cash records $101,368. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,826/mo property income covering a $969/mo payment rather than investor’s personal income.
Single Family
Built in 1949
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48032, Jeddo, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 890 (100%) |
| Owner Occupied HU | 776 (87.2%) |
| Renter Occupied HU | 63 ( 7.1%) |
| Vacant Housing Units | 51 ( 5.7%) |
| Median Home Value | $275,000 |
| Average Home Value | $299,523 |
Housing Distribution
Address Breakdown
Residential
863
Single Family
863
Multi-Family
0
Businesses
15
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