7917 S Wood StRothburyMI49452
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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 Rothbury at 7917 S Wood St, Rothbury, MI, 49452 priced at $305,000 converts $1,940/mo rent into after a $1,493/mo obligation. Total monthly income equals $1,940/mo. Return on cash invested prints 19.06% in year one, and rental yield reads 7.63% against a $305,000 entry. Equity gained on principal adds $1,968/yr, while 5% annual appreciation compiles into $84,266 by year five. Five-year ROI reaches 98.84% and total cumulative return in cash sums $99,934. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,940/mo property income covering a $1,493/mo payment, not borrower’s personal income.
Single Family
Built in 2002
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49452, Rothbury, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 860 (100%) |
| Owner Occupied HU | 650 (75.6%) |
| Renter Occupied HU | 82 ( 9.5%) |
| Vacant Housing Units | 128 (14.9%) |
| Median Home Value | $168,478 |
| Average Home Value | $221,346 |
Housing Distribution
Address Breakdown
Residential
794
Single Family
794
Multi-Family
0
Businesses
26
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