6350 E Cadillac RdFalmouthMI49632
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 Falmouth at 6350 E Cadillac Rd, Falmouth, MI, 49632 uses $74,554 cash to close to unlock $3,776/yr annual cash flow and $315/mo monthly cash flow. Total monthly income runs $1,798/mo, and a $1,101/mo payment keeps the spread at $315/mo. Purchase price stands at $224,900, and rental yield measures 9.59% with $1,798/mo rent. Return on cash invested shows 24.97% in year one, and 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 130.54% and total cumulative return in cash records $97,321. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,798/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Manufactured
Built in 1975
20.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49632, Falmouth, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 822 (100%) |
| Owner Occupied HU | 415 (50.5%) |
| Renter Occupied HU | 63 ( 7.7%) |
| Vacant Housing Units | 344 (41.8%) |
| Median Home Value | $166,033 |
| Average Home Value | $203,566 |
Housing Distribution
Address Breakdown
Residential
505
Single Family
505
Multi-Family
0
Businesses
31
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices