680 Johnson RdWakefieldMI49968
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
Investment property for sale in Wakefield at 680 Johnson Rd, Wakefield, MI, 49968 at $117,000 posts ROI 23.87% with $128/mo cash flow from $900/mo rent. Total monthly income equals $900/mo, and annual cash flow records $1,537/yr on $38,786 to close. Return on cash invested measures 23.87% and rental yield reads 9.23% at the current $117,000. Equity gained on principal adds $755/yr, and 5% annual appreciation supports $32,325 by year five. Five-year ROI prints 124.75% and total cumulative return in cash totals $48,385.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $900/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49968, Wakefield, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,374 (100%) |
| Owner Occupied HU | 854 (62.2%) |
| Renter Occupied HU | 114 ( 8.3%) |
| Vacant Housing Units | 406 (29.5%) |
| Median Home Value | $114,015 |
| Average Home Value | $173,487 |
Housing Distribution
Address Breakdown
Residential
943
Single Family
896
Multi-Family
47
Businesses
71
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices