6587 Wolverine RdWolverineMI49799
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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 Wolverine at 6587 Wolverine Rd, Wolverine, MI, 49799 listed at $115,000 pairs $871/mo rent with a $563/mo payment to leave $113/mo cash flow. Total monthly income runs $871/mo, and annual cash flow reaches $1,350/yr on $38,123 cash to close. Return on cash invested measures 23.45% in year one, and rental yield registers 9.09% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 122.41% and total cumulative return in cash totals $46,665. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $871/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1972
2.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49799, Wolverine, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,710 (100%) |
| Owner Occupied HU | 982 (57.4%) |
| Renter Occupied HU | 128 ( 7.5%) |
| Vacant Housing Units | 600 (35.1%) |
| Median Home Value | $180,102 |
| Average Home Value | $217,273 |
Housing Distribution
Address Breakdown
Residential
994
Single Family
994
Multi-Family
0
Businesses
44
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