Zip Code 49509Wyoming, MI

🟡MODERATEaverage returns

Cap Rate

4.2%

Monthly Cash Flow

-$474

Median Home Price

$263,830

DSCR

0.66

🏠 Fair Market Rents

Studio
$970/mo
1 Bedroom
$1,020/mo
2 Bedroom
$1,220/mo
3 Bedroom
$1,590/mo
4 Bedroom
$1,750/mo

📊 Investment Metrics

Cap Rate
4.2%
Cash-on-Cash Return
-9.4%
Price-to-Rent Ratio
13.8
1% Rule
0.60%
Gross Rent Multiplier
13.8
Vacancy Rate
8.0%

📋 Assumptions Used

20% down payment, 7.000000000000001% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax

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