7755 Woodland RdLake OdessaMI48849
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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 Lake Odessa at 7755 Woodland Rd, Lake Odessa, MI, 48849 with 5% annual appreciation on a $189,900 basis while $1,712/mo rent supports operations. Total monthly income totals $1,712/mo and a $929/mo payment preserves $460/mo for cash returns. Annual cash flow comes to $5,522/yr on $62,952 deployed, and return on cash invested reaches 28.68% in year one. Equity gained on principal adds $1,225/yr, and five-year appreciation sums $52,466 alongside rental yield of 10.82%. Five-year ROI measures 150.48% and total cumulative return in cash totals $94,733.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,712/mo property income versus a $929/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48849, Lake Odessa, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,598 (100%) |
| Owner Occupied HU | 2,010 (77.4%) |
| Renter Occupied HU | 347 (13.4%) |
| Vacant Housing Units | 241 ( 9.3%) |
| Median Home Value | $237,500 |
| Average Home Value | $271,979 |
Housing Distribution
Address Breakdown
Residential
2,340
Single Family
2,259
Multi-Family
81
Businesses
152
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Listed by: Chris Speer • eXp Realty LLC
Mls Name: MichRIC
Mls ID: #25051337