622 Goldfinch StGaylordMI49735
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 Gaylord at 622 Goldfinch St, Gaylord, MI, 49735 at $155,000 posts ROI 53.76% with $1,450/mo cash flow from $2,472/mo rent. Total monthly income equals $2,472/mo, and annual cash flow records $17,394/yr on $51,383 to close. Return on cash invested measures 53.76% and rental yield reads 19.14% at the current $155,000. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 by year five. Five-year ROI prints 284.98% and total cumulative return in cash totals $146,428.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,472/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1963
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49735, Gaylord, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,592 (100%) |
| Owner Occupied HU | 6,690 (57.7%) |
| Renter Occupied HU | 2,091 (18.0%) |
| Vacant Housing Units | 2,811 (24.2%) |
| Median Home Value | $227,968 |
| Average Home Value | $262,810 |
Housing Distribution
Address Breakdown
Residential
9,514
Single Family
8,967
Multi-Family
547
Businesses
768
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Nearby investment properties with comparable prices
Listed by: Team Cole Muzyl & Cathy Han • Real Estate One of Gaylord
Mls Name: WWMLS
Mls Provider:
Mls ID: #201831123
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