7640 Luca Vista Dr NERockfordMI49341
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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 Rockford at 7640 Luca Vista Dr NE, Rockford, MI, 49341 with 5% annual appreciation on a $1,199,000 basis while $4,546/mo rent supports operations. 47% in year one. Equity gained on principal adds $7,737/yr, and five-year appreciation sums $331,262 alongside rental yield of 4.55%. Five-year ROI measures 47.52% and total cumulative return in cash totals $184,593. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,546/mo property income versus a $5,869/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2016
1.51 Acres lot
$N/A/sqft
$2,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49341, Rockford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,703 (100%) |
| Owner Occupied HU | 12,739 (86.6%) |
| Renter Occupied HU | 1,463 ( 10.0%) |
| Vacant Housing Units | 501 ( 3.4%) |
| Median Home Value | $404,412 |
| Average Home Value | $443,576 |
Housing Distribution
Address Breakdown
Residential
15,042
Single Family
14,501
Multi-Family
541
Businesses
771
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