6717 Wickert RdHaleMI48739
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 Hale at 6717 Wickert Rd, Hale, MI, 48739 generates $978/mo in rent and, after a $597/mo payment, leaves $174/mo in cash flow. Total monthly income is $978/mo, and annual cash flow is $2,085/yr on $40,410 invested. Return on cash invested sits at 25.07% in year one, and rental yield is 9.63% on a $121,900 entry. Equity gained on principal adds $787/yr, while 5% annual appreciation builds toward $33,679 over five years. Five-year ROI reaches 131.06% and total cumulative return in cash sums $52,960. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $978/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48739, Hale, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,225 (100%) |
| Owner Occupied HU | 1,619 (38.3%) |
| Renter Occupied HU | 205 ( 4.9%) |
| Vacant Housing Units | 2,401 (56.8%) |
| Median Home Value | $188,876 |
| Average Home Value | $215,741 |
Housing Distribution
Address Breakdown
Residential
2,212
Single Family
2,212
Multi-Family
0
Businesses
111
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices