9630 Lambs RdGoodellsMI48027
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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 Goodells at 9630 Lambs Rd, Goodells, MI, 48027 generates $1,585/mo in rent, after a $1,835/mo payment. Total monthly income is $1,585/mo. Return on cash invested sits at 11.34% in year one, and rental yield is 5.07% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 57.44% and total cumulative return in cash sums $71,403. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,585/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48027, Goodells, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,296 (100%) |
| Owner Occupied HU | 1,152 (88.9%) |
| Renter Occupied HU | 84 ( 6.5%) |
| Vacant Housing Units | 60 ( 4.6%) |
| Median Home Value | $279,188 |
| Average Home Value | $292,381 |
Housing Distribution
Address Breakdown
Residential
1,246
Single Family
1,246
Multi-Family
0
Businesses
37
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