Woodridge Dr #87OH5TSaint JohnsMI48879
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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 Saint Johns at Woodridge Dr #87OH5T, Saint Johns, MI, 48879 priced at $506,400 pairs $3,598/mo rent with $258/mo cash flow after a $2,479/mo payment. Total monthly income equals $3,598/mo, and annual cash flow comes to $3,097/yr on $166,606 invested. Return on cash invested is 21.92% in year one, and rental yield stands at 8.53% on a $506,400 basis. Equity gained on principal adds $3,268/yr, and 5% annual appreciation accumulates to $139,909 by year five. Five-year ROI measures 114.15% and total cumulative return in cash reaches $190,177. For financing, Ziffy Mortgage’s DSCR program evaluates $3,598/mo property income against a $2,479/mo payment instead of your W2s, 1099s, or Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48879, Saint Johns, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,734 (100%) |
| Owner Occupied HU | 5,988 (77.4%) |
| Renter Occupied HU | 1,368 (17.7%) |
| Vacant Housing Units | 378 ( 4.9%) |
| Median Home Value | $246,160 |
| Average Home Value | $285,008 |
Housing Distribution
Address Breakdown
Residential
7,436
Single Family
7,031
Multi-Family
405
Businesses
521
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A