8551 Carlson RdSheridanMI48884
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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 Sheridan at 8551 Carlson Rd, Sheridan, MI, 48884 listed at $265,000 pairs $2,023/mo rent with a $1,297/mo payment to leave $276/mo cash flow. Total monthly income runs $2,023/mo, and annual cash flow reaches $3,306/yr on $87,848 cash to close. Return on cash invested measures 23.67% in year one, and rental yield registers 9.16% at a $265,000 basis. Equity gained on principal adds $1,710/yr, and annual property appreciation at 5% supports $73,215 by year five. Five-year ROI tracks 123.57% and total cumulative return in cash totals $108,555. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,023/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
3.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48884, Sheridan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,784 (100%) |
| Owner Occupied HU | 1,378 (77.2%) |
| Renter Occupied HU | 245 (13.7%) |
| Vacant Housing Units | 161 ( 9.0%) |
| Median Home Value | $223,711 |
| Average Home Value | $231,154 |
Housing Distribution
Address Breakdown
Residential
1,709
Single Family
1,668
Multi-Family
41
Businesses
66
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