7800 S Jerome RdAshleyMI48806
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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 Ashley at 7800 S Jerome Rd, Ashley, MI, 48806 priced at $100,000 converts $792/mo rent into $133/mo cash flow after a $489/mo obligation. Total monthly income equals $792/mo, and annual cash flow totals $1,596/yr on $33,150 invested. Return on cash invested prints 24.72% in year one, and rental yield reads 9.5% against a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation compiles into $27,628 by year five. Five-year ROI reaches 129.17% and total cumulative return in cash sums $42,820. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $792/mo property income covering a $489/mo payment, not borrower’s personal income.
Single Family
Built in 1997
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48806, Ashley, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 685 (100%) |
| Owner Occupied HU | 516 (75.3%) |
| Renter Occupied HU | 104 (15.2%) |
| Vacant Housing Units | 65 ( 9.5%) |
| Median Home Value | $178,226 |
| Average Home Value | $215,184 |
Housing Distribution
Address Breakdown
Residential
591
Single Family
591
Multi-Family
0
Businesses
30
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