645 S Meridian RdHudsonMI49247
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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 Hudson at 645 S Meridian Rd, Hudson, MI, 49247 uses $46,112 cash to close to unlock $5,894/yr annual cash flow and $491/mo monthly cash flow. Total monthly income runs $1,417/mo, and a $681/mo payment keeps the spread at $491/mo. Purchase price stands at $139,100, and rental yield measures 12.22% with $1,417/mo rent. Return on cash invested shows 32.69% in year one, and 5% annual appreciation builds toward $38,431 over five years. Five-year ROI reaches 172.1% and total cumulative return in cash records $79,360. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,417/mo property income covering a $681/mo payment rather than investor’s personal income.
Single Family
Built in N/A
10.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49247, Hudson, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,661 (100%) |
| Owner Occupied HU | 1,887 (70.9%) |
| Renter Occupied HU | 417 (15.7%) |
| Vacant Housing Units | 357 (13.4%) |
| Median Home Value | $202,699 |
| Average Home Value | $249,191 |
Housing Distribution
Address Breakdown
Residential
2,441
Single Family
2,333
Multi-Family
108
Businesses
162
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