9411 Fair Oaks DrGoodrichMI48438
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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 Goodrich at 9411 Fair Oaks Dr, Goodrich, MI, 48438 earns $1,488/mo cash flow from $5,411/mo rent with a $2,912/mo payment. Total monthly income totals $5,411/mo, and annual cash flow totals $17,850/yr on $195,755 capital. ROI tracks 29.18% on current figures, and rental yield reads 10.91% at a $595,000 purchase. Equity gained on principal adds $3,839/yr, and 5% annual appreciation supports $164,388 over five years. Five-year ROI reaches 153.05% and total cumulative return in cash sums $299,606. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,411/mo property income instead of your personal income.
Single Family
Built in 1994
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48438, Goodrich, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,582 (100%) |
| Owner Occupied HU | 2,365 (91.6%) |
| Renter Occupied HU | 122 ( 4.7%) |
| Vacant Housing Units | 95 ( 3.7%) |
| Median Home Value | $342,692 |
| Average Home Value | $373,386 |
Housing Distribution
Address Breakdown
Residential
2,574
Single Family
2,558
Multi-Family
16
Businesses
171
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