7983 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 7983 W Gilford Rd, Reese, MI, 48757 generates $1,338/mo in rent and, after a $729/mo payment, leaves $356/mo in cash flow. Total monthly income is $1,338/mo, and annual cash flow is $4,268/yr on $49,394 invested. Return on cash invested sits at 28.55% in year one, and rental yield is 10.78% on a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 149.71% and total cumulative return in cash sums $73,948. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,338/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A 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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