777 N Gavord RdSterlingMI48659
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
Rental property for sale in Sterling at 777 N Gavord Rd, Sterling, MI, 48659 priced at $148,000 pairs $1,140/mo rent with $164/mo cash flow after a $724/mo payment. Total monthly income equals $1,140/mo, and annual cash flow comes to $1,973/yr on $49,062 invested. Return on cash invested is 23.93% in year one, and rental yield stands at 9.24% on a $148,000 basis. Equity gained on principal adds $955/yr, and 5% annual appreciation accumulates to $40,890 by year five. Five-year ROI measures 124.99% and total cumulative return in cash reaches $61,322. For financing, Ziffy Mortgage’s DSCR program evaluates $1,140/mo property income against a $724/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1985
10.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48659, Sterling, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,336 (100%) |
| Owner Occupied HU | 1,041 (77.9%) |
| Renter Occupied HU | 116 ( 8.7%) |
| Vacant Housing Units | 179 (13.4%) |
| Median Home Value | $153,635 |
| Average Home Value | $181,765 |
Housing Distribution
Address Breakdown
Residential
1,126
Single Family
1,126
Multi-Family
0
Businesses
46
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