Rockford Plan, Goodrich MeadowsGoodrichMI48438
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, Rockford Plan, Goodrich Meadows, Goodrich, MI, 48438 in Goodrich is priced for capital growth, not immediate cash flow. The $508,800 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $140,572 by year five, with $4,686/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.5% |
| Monthly Cash Flow | $0 | $350 |
City averages based on Goodrich market data in our database. Property projections are estimates.
Single Family
Built in N/A
N/A 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in N/A
N/A 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices