7974 Windoga Lake DrWeidmanMI48893
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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
Investment property for sale in Weidman at 7974 Windoga Lake Dr, Weidman, MI, 48893 earns $758/mo cash flow from $1,586/mo rent with a $587/mo payment. Total monthly income totals $1,586/mo, and annual cash flow totals $9,090/yr on $39,780 capital. ROI tracks 42.76% on current figures, and rental yield reads 15.86% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Five-year ROI reaches 226.38% and total cumulative return in cash sums $90,055. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,586/mo property income instead of your personal income.
Manufactured
Built in 1973
1 Acres lot
$N/A/sqft
$450 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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Listed by: Mary Beard • 43 NORTH REALTY
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1923937
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2024 Northern Great Lakes REALTORS MLS. All Rights Reserved.