7980 W Gilford RdReeseMI48757
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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 Reese at 7980 W Gilford Rd, Reese, MI, 48757 priced at $119,900 converts $949/mo rent into $158/mo cash flow after a $587/mo obligation. Total monthly income equals $949/mo, and annual cash flow totals $1,898/yr on $39,747 invested. Return on cash invested prints 24.68% in year one, and rental yield reads 9.5% against a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,126 by year five. Five-year ROI reaches 129.1% and total cumulative return in cash sums $51,312. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $949/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1950
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48757, Reese, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,548 (100%) |
| Owner Occupied HU | 1,254 (81.0%) |
| Renter Occupied HU | 193 (12.5%) |
| Vacant Housing Units | 101 ( 6.5%) |
| Median Home Value | $197,955 |
| Average Home Value | $233,981 |
Housing Distribution
Address Breakdown
Residential
1,453
Single Family
1,453
Multi-Family
0
Businesses
108
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