7905 Wadding DrOnstedMI49265
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 Onsted at 7905 Wadding Dr, Onsted, MI, 49265 generates $3,745/mo in rent, after a $3,744/mo payment. Total monthly income is $3,745/mo. Return on cash invested sits at 13.86% in year one, and rental yield is 5.88% on a $764,900 entry. Equity gained on principal adds $4,936/yr, while 5% annual appreciation builds toward $211,328 over five years. Five-year ROI reaches 70.93% and total cumulative return in cash sums $178,492. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,745/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49265, Onsted, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,361 (100%) |
| Owner Occupied HU | 1,829 (77.5%) |
| Renter Occupied HU | 187 ( 7.9%) |
| Vacant Housing Units | 345 (14.6%) |
| Median Home Value | $310,697 |
| Average Home Value | $390,898 |
Housing Distribution
Address Breakdown
Residential
2,214
Single Family
2,190
Multi-Family
24
Businesses
107
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices