8458 S Broadway RdIdlewildMI49642
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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 Idlewild at 8458 S Broadway Rd, Idlewild, MI, 49642 listed at $220,000 pairs $1,531/mo rent with a $1,077/mo payment to leave $80/mo cash flow. Total monthly income runs $1,531/mo, and annual cash flow reaches $960/yr on $72,930 cash to close. Return on cash invested measures 21.23% in year one, and rental yield registers 8.35% at a $220,000 basis. Equity gained on principal adds $1,420/yr, and annual property appreciation at 5% supports $60,782 by year five. Five-year ROI tracks 110.42% and total cumulative return in cash totals $80,531. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,531/mo property income relative to a $1,077/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2003
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49642, Idlewild, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,183 (100%) |
| Owner Occupied HU | 341 (28.8%) |
| Renter Occupied HU | 103 ( 8.7%) |
| Vacant Housing Units | 739 (62.5%) |
| Median Home Value | $156,786 |
| Average Home Value | $200,029 |
Housing Distribution
Address Breakdown
Residential
385
Single Family
362
Multi-Family
23
Businesses
24
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