7088 Wiltshire DrLambertvilleMI48144
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 Lambertville at 7088 Wiltshire Dr, Lambertville, MI, 48144 earns $461/mo cash flow from $2,010/mo rent with a $1,150/mo payment. Total monthly income totals $2,010/mo, and annual cash flow totals $5,528/yr on $77,869 capital. ROI tracks 27.01% on current figures, and rental yield reads 10.27% at a $234,900 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,899 over five years. Five-year ROI reaches 141.46% and total cumulative return in cash sums $110,157. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,010/mo property income instead of your personal income.
Single Family
Built in 1957
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48144, Lambertville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,372 (100%) |
| Owner Occupied HU | 3,893 (89.0%) |
| Renter Occupied HU | 363 ( 8.3%) |
| Vacant Housing Units | 116 ( 2.7%) |
| Median Home Value | $306,585 |
| Average Home Value | $320,641 |
Housing Distribution
Address Breakdown
Residential
4,209
Single Family
4,151
Multi-Family
58
Businesses
326
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Listed by: Kimberly Carey • NextHome Elevate in Temperance
Mls Name: MiRealSource
Mls ID: #50183968