804 Woodside AveEssexvilleMI48732
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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 Essexville at 804 Woodside Ave, Essexville, MI, 48732 earns $145/mo cash flow from $995/mo rent with a $631/mo payment. Total monthly income totals $995/mo, and annual cash flow totals $1,736/yr on $42,764 capital. ROI tracks 23.97% on current figures, and rental yield reads 9.26% at a $129,000 purchase. Equity gained on principal adds $832/yr, and 5% annual appreciation supports $35,640 over five years. Five-year ROI reaches 125.18% and total cumulative return in cash sums $53,533. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $995/mo property income instead of your personal income.
Single Family
Built in 1940
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48732, Essexville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,240 (100%) |
| Owner Occupied HU | 3,559 (67.9%) |
| Renter Occupied HU | 1,347 (25.7%) |
| Vacant Housing Units | 334 ( 6.4%) |
| Median Home Value | $172,752 |
| Average Home Value | $202,151 |
Housing Distribution
Address Breakdown
Residential
5,084
Single Family
3,837
Multi-Family
1,247
Businesses
214
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Listed by: Robert Short • Ayre/Rhinehart Bay REALTORS
Mls Name: MiRealSource
Mls ID: #50190265