8268 Conover DrWillisMI48191
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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 Willis at 8268 Conover Dr, Willis, MI, 48191 earns $866/mo cash flow from $1,690/mo rent with a $612/mo payment. Total monthly income totals $1,690/mo, and annual cash flow totals $10,386/yr on $41,438 capital. ROI tracks 44.97% on current figures, and rental yield reads 16.22% at a $125,000 purchase. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 over five years. Five-year ROI reaches 237.83% and total cumulative return in cash sums $98,549. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,690/mo property income instead of your personal income.
Manufactured
Built in 2001
1,568 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48191, Willis, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,598 (100%) |
| Owner Occupied HU | 1,395 (87.3%) |
| Renter Occupied HU | 145 ( 9.1%) |
| Vacant Housing Units | 58 ( 3.6%) |
| Median Home Value | $367,506 |
| Average Home Value | $424,330 |
Housing Distribution
Address Breakdown
Residential
1,467
Single Family
1,467
Multi-Family
0
Businesses
65
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