The Poppy Plan, Town SquareRockfordMI49341
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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 Rockford at The Poppy Plan, Town Square, Rockford, MI, 49341 priced at $378,000 pairs $2,900/mo rent with $407/mo cash flow after a $1,850/mo payment. Total monthly income equals $2,900/mo, and annual cash flow comes to $4,889/yr on $125,307 invested. Return on cash invested is 23.81% in year one, and rental yield stands at 9.21% on a $378,000 basis. Equity gained on principal adds $2,439/yr, and 5% annual appreciation accumulates to $104,434 by year five. Five-year ROI measures 124.31% and total cumulative return in cash reaches $155,769. For financing, Ziffy Mortgage’s DSCR program evaluates $2,900/mo property income against a $1,850/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49341, Rockford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,703 (100%) |
| Owner Occupied HU | 12,739 (86.6%) |
| Renter Occupied HU | 1,463 ( 10.0%) |
| Vacant Housing Units | 501 ( 3.4%) |
| Median Home Value | $404,412 |
| Average Home Value | $443,576 |
Housing Distribution
Address Breakdown
Residential
15,042
Single Family
14,501
Multi-Family
541
Businesses
771
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