6569 Ramsdell 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 6569 Ramsdell Dr NE, Rockford, MI, 49341 listed at $252,000 pairs $2,558/mo rent with a $1,233/mo payment to leave $897/mo cash flow. Total monthly income runs $2,558/mo, and annual cash flow reaches $10,759/yr on $83,538 cash to close. Return on cash invested measures 32.79% in year one, and rental yield registers 12.18% at a $252,000 basis. Equity gained on principal adds $1,626/yr, and annual property appreciation at 5% supports $69,623 by year five. Five-year ROI tracks 172.45% and total cumulative return in cash totals $144,062. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,558/mo property income relative to a $1,233/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
0.79 Acres 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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