7500 Schneider RdManchesterMI48158
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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
Rental property for sale in Manchester at 7500 Schneider Rd, Manchester, MI, 48158 generates $2,360/mo in rent and, after a $1,297/mo payment, leaves $613/mo in cash flow. Total monthly income is $2,360/mo, and annual cash flow is $7,352/yr on $87,814 invested. Return on cash invested sits at 28.28% in year one, and rental yield is 10.69% on a $264,900 entry. Equity gained on principal adds $1,709/yr, while 5% annual appreciation builds toward $73,187 over five years. Five-year ROI reaches 148.29% and total cumulative return in cash sums $130,220. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,360/mo property income rather than buyer’s personal income.
Single Family
Built in 1890
1.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48158, Manchester, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,254 (100%) |
| Owner Occupied HU | 2,773 (85.2%) |
| Renter Occupied HU | 312 ( 9.6%) |
| Vacant Housing Units | 169 ( 5.2%) |
| Median Home Value | $363,695 |
| Average Home Value | $428,857 |
Housing Distribution
Address Breakdown
Residential
2,959
Single Family
2,934
Multi-Family
25
Businesses
172
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Listed by: DEANN E GUMBERT • RE/MAX MID-MICHIGAN R.E.
Mls Name: MichRIC
Mls ID: #25039779