W3657 Greenwood AveSpaldingMI49886
Nearby investment properties with comparable rents
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
Investment Highlights
Investment property for sale in Spalding at W3657 Greenwood Ave, Spalding, MI, 49886 earns $505/mo cash flow from $1,856/mo rent with a $1,003/mo payment. Total monthly income totals $1,856/mo, and annual cash flow totals $6,054/yr on $67,958 capital. ROI tracks 28.82% on current figures, and rental yield reads 10.86% at a $205,000 purchase. Equity gained on principal adds $1,323/yr, and 5% annual appreciation supports $56,638 over five years. Five-year ROI reaches 151.18% and total cumulative return in cash sums $102,738. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,856/mo property income instead of your personal income.
Single Family
Built in 1972
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49886, Spalding, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 164 (100%) |
| Owner Occupied HU | 106 (64.6%) |
| Renter Occupied HU | 15 ( 9.1%) |
| Vacant Housing Units | 43 (26.2%) |
| Median Home Value | $214,286 |
| Average Home Value | $242,925 |
Housing Distribution
Address Breakdown
Residential
83
Single Family
83
Multi-Family
0
Businesses
12
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices