Monroe Plan, Wildwood Country EstatesOwossoMI48867
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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 Owosso at Monroe Plan, Wildwood Country Estates, Owosso, MI, 48867 priced at $367,135 converts $3,040/mo rent into $619/mo cash flow after a $1,797/mo obligation. Total monthly income equals $3,040/mo, and annual cash flow totals $7,426/yr on $121,705 invested. Return on cash invested prints 26.01% in year one, and rental yield reads 9.94% against a $367,135 entry. Equity gained on principal adds $2,369/yr, while 5% annual appreciation compiles into $101,433 by year five. Five-year ROI reaches 136.09% and total cumulative return in cash sums $165,630. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,040/mo property income covering a $1,797/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48867, Owosso, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,293 (100%) |
| Owner Occupied HU | 8,382 (68.2%) |
| Renter Occupied HU | 3,189 (25.9%) |
| Vacant Housing Units | 722 ( 5.9%) |
| Median Home Value | $165,494 |
| Average Home Value | $198,462 |
Housing Distribution
Address Breakdown
Residential
11,929
Single Family
10,663
Multi-Family
1,266
Businesses
931
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