8344 Westwood StIdaMI48140
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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 Ida at 8344 Westwood St, Ida, MI, 48140 earns from $1,912/mo rent with a $1,541/mo payment. Total monthly income totals $1,912/mo. ROI tracks 18.02% on current figures, and rental yield reads 7.29% at a $314,900 purchase. Equity gained on principal adds $2,032/yr, and 5% annual appreciation supports $87,001 over five years. Five-year ROI reaches 93.25% and total cumulative return in cash sums $97,342. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,912/mo property income instead of your personal income.
Single Family
Built in 1967
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48140, Ida, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,213 (100%) |
| Owner Occupied HU | 1,074 (88.5%) |
| Renter Occupied HU | 79 ( 6.5%) |
| Vacant Housing Units | 60 ( 4.9%) |
| Median Home Value | $295,376 |
| Average Home Value | $342,700 |
Housing Distribution
Address Breakdown
Residential
1,114
Single Family
1,114
Multi-Family
0
Businesses
61
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