7853 Fulmer RdWolverineMI49799
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 Wolverine at 7853 Fulmer Rd, Wolverine, MI, 49799 priced at $339,450 pairs $3,433/mo rent with $1,195/mo cash flow after a $1,661/mo payment. Total monthly income equals $3,433/mo, and annual cash flow comes to $14,339/yr on $112,528 invested. Return on cash invested is 32.65% in year one, and rental yield stands at 12.14% on a $339,450 basis. Equity gained on principal adds $2,190/yr, and 5% annual appreciation accumulates to $93,784 by year five. Five-year ROI measures 171.69% and total cumulative return in cash reaches $193,202. For financing, Ziffy Mortgage’s DSCR program evaluates $3,433/mo property income against a $1,661/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
5.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49799, Wolverine, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,710 (100%) |
| Owner Occupied HU | 982 (57.4%) |
| Renter Occupied HU | 128 ( 7.5%) |
| Vacant Housing Units | 600 (35.1%) |
| Median Home Value | $180,102 |
| Average Home Value | $217,273 |
Housing Distribution
Address Breakdown
Residential
994
Single Family
994
Multi-Family
0
Businesses
44
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