859 E Adda StWhite CloudMI49349
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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 White Cloud at 859 E Adda St, White Cloud, MI, 49349 generates $1,734/mo in rent and, after a $1,224/mo payment, leaves $85/mo in cash flow. Total monthly income is $1,734/mo, and annual cash flow is $1,020/yr on $82,875 invested. Return on cash invested sits at 21.14% in year one, and rental yield is 8.32% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 109.98% and total cumulative return in cash sums $91,150. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,734/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49349, White Cloud, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,334 (100%) |
| Owner Occupied HU | 2,768 (63.9%) |
| Renter Occupied HU | 512 (11.8%) |
| Vacant Housing Units | 1,054 (24.3%) |
| Median Home Value | $179,401 |
| Average Home Value | $243,816 |
Housing Distribution
Address Breakdown
Residential
3,390
Single Family
3,303
Multi-Family
87
Businesses
131
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Listed by: Pamela Derks • Five Star Real Estate Fremont
Mls Name: MichRIC
Mls ID: #25060502