6450 Fisher RdJeddoMI48032
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
Rental property for sale in Jeddo at 6450 Fisher Rd, Jeddo, MI, 48032 offers $1,506/mo rent that, after a $1,027/mo payment, leaves $122/mo cash flow. Total monthly income is $1,506/mo, and annual cash flow is $1,466/yr on $69,582 cash. Return on cash invested measures 22.02% in year one, and rental yield stands at 8.61% at a $209,900 entry. Equity gained on principal adds $1,354/yr while 5% annual appreciation compounds into $57,992 by year five. Five-year ROI records 114.73% and total cumulative return in cash reaches $79,832. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,506/mo property income versus a $1,027/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
4.30 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices