W 633 Fordville RdFoster CityMI49834
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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 Foster City at W 633 Fordville Rd, Foster City, MI, 49834 earns from $2,170/mo rent with a $1,615/mo payment. Total monthly income totals $2,170/mo. ROI tracks 19.85% on current figures, and rental yield reads 7.89% at a $329,900 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,145 over five years. Five-year ROI reaches 103.07% and total cumulative return in cash sums $112,719. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,170/mo property income instead of your personal income.
Single Family
Built in 1962
85.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49834, Foster City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 564 (100%) |
| Owner Occupied HU | 228 (40.4%) |
| Renter Occupied HU | 25 ( 4.4%) |
| Vacant Housing Units | 311 (55.1%) |
| Median Home Value | $197,368 |
| Average Home Value | $227,588 |
Housing Distribution
Address Breakdown
Residential
224
Single Family
224
Multi-Family
0
Businesses
4
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Listed by: TAMMY GARLING • KEY REALTY DELTA COUNTY LLC
Mls Name: Upper Peninsula AOR
Mls ID: #50190791