8767 Gray RdBarodaMI49101
Nearby investment properties with comparable rents
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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 Baroda at 8767 Gray Rd, Baroda, MI, 49101 priced at $499,000 converts $4,200/mo rent into $910/mo cash flow after a $2,442/mo obligation. Total monthly income equals $4,200/mo, and annual cash flow totals $10,916/yr on $165,419 invested. Return on cash invested prints 26.51% in year one, and rental yield reads 10.1% against a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation compiles into $137,865 by year five. Five-year ROI reaches 138.76% and total cumulative return in cash sums $229,542. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,200/mo property income covering a $2,442/mo payment, not borrower’s personal income.
Single Family
Built in 1969
17.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49101, Baroda, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,385 (100%) |
| Owner Occupied HU | 1,090 (78.7%) |
| Renter Occupied HU | 203 (14.7%) |
| Vacant Housing Units | 92 ( 6.6%) |
| Median Home Value | $292,641 |
| Average Home Value | $328,631 |
Housing Distribution
Address Breakdown
Residential
1,332
Single Family
1,308
Multi-Family
24
Businesses
83
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