7963 Ojibwa DrWeidmanMI48893
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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 Weidman at 7963 Ojibwa Dr, Weidman, MI, 48893 generates $1,103/mo in rent and, after a $685/mo payment, leaves $168/mo in cash flow. Total monthly income is $1,103/mo, and annual cash flow is $2,010/yr on $46,410 invested. Return on cash invested sits at 24.24% in year one, and rental yield is 9.45% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 126.8% and total cumulative return in cash sums $58,846. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,103/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
0.28 Acres lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48893, Weidman, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,644 (100%) |
| Owner Occupied HU | 1,977 (74.8%) |
| Renter Occupied HU | 203 ( 7.7%) |
| Vacant Housing Units | 464 (17.5%) |
| Median Home Value | $204,836 |
| Average Home Value | $235,420 |
Housing Distribution
Address Breakdown
Residential
2,409
Single Family
2,409
Multi-Family
0
Businesses
95
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