8085 Wadding DrOnstedMI49265
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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 Onsted at 8085 Wadding Dr, Onsted, MI, 49265 priced at $799,000 pairs $2,773/mo rent with after a $3,911/mo payment. Total monthly income equals $2,773/mo. Return on cash invested is 8.6% in year one, and rental yield stands at 4.16% on a $799,000 basis. Equity gained on principal adds $5,156/yr, and 5% annual appreciation accumulates to $220,749 by year five. Five-year ROI measures 42.73% and total cumulative return in cash reaches $112,314. For financing, Ziffy Mortgage’s DSCR program evaluates $2,773/mo property income against a $3,911/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1994
0.51 Acres lot
$N/A/sqft
$175 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49265, Onsted, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,361 (100%) |
| Owner Occupied HU | 1,829 (77.5%) |
| Renter Occupied HU | 187 ( 7.9%) |
| Vacant Housing Units | 345 (14.6%) |
| Median Home Value | $310,697 |
| Average Home Value | $390,898 |
Housing Distribution
Address Breakdown
Residential
2,214
Single Family
2,190
Multi-Family
24
Businesses
107
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Listed by: Kimberly Zaracki • Key Realty One LLC - Summerfield
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50171833
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