6565 Inwood Ridge Dr NERockfordMI49341
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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 Rockford at 6565 Inwood Ridge Dr NE, Rockford, MI, 49341 with 5% annual appreciation on a $569,900 basis while $3,782/mo rent supports operations. Total monthly income totals $3,782/mo and a $2,789/mo payment preserves $24/mo for cash returns. Annual cash flow comes to $290/yr on $187,497 deployed, and return on cash invested reaches 20.21% in year one. Equity gained on principal adds $3,677/yr, and five-year appreciation sums $157,453 alongside rental yield of 7.96%. Five-year ROI measures 105% and total cumulative return in cash totals $196,866.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,782/mo property income versus a $2,789/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49341, Rockford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,703 (100%) |
| Owner Occupied HU | 12,739 (86.6%) |
| Renter Occupied HU | 1,463 ( 10.0%) |
| Vacant Housing Units | 501 ( 3.4%) |
| Median Home Value | $404,412 |
| Average Home Value | $443,576 |
Housing Distribution
Address Breakdown
Residential
15,042
Single Family
14,501
Multi-Family
541
Businesses
771
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