9161 Wahl R55 AveGladstoneMI49837
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Gladstone at 9161 Wahl R55 Ave, Gladstone, MI, 49837 uses $64,643 cash to close to unlock $3,090/yr annual cash flow and $258/mo monthly cash flow. Total monthly income runs $1,543/mo, and a $954/mo payment keeps the spread at $258/mo. Purchase price stands at $195,000, and rental yield measures 9.5% with $1,543/mo rent. Return on cash invested shows 24.69% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 129.05% and total cumulative return in cash records $83,422. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,543/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1984
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49837, Gladstone, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,822 (100%) |
| Owner Occupied HU | 3,706 (76.9%) |
| Renter Occupied HU | 639 (13.3%) |
| Vacant Housing Units | 477 ( 9.9%) |
| Median Home Value | $169,411 |
| Average Home Value | $194,656 |
Housing Distribution
Address Breakdown
Residential
4,576
Single Family
4,414
Multi-Family
162
Businesses
267
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: SCOTT MOSIER • KEY REALTY DELTA COUNTY LLC
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50176712
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.