1033 Carla BlvdDavisonMI48423
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 Davison at 1033 Carla Blvd, Davison, MI, 48423 earns $134/mo cash flow from $1,784/mo rent with a $978/mo payment. Total monthly income totals $1,784/mo, and annual cash flow totals $1,610/yr on $66,267 capital. ROI tracks 22.34% on current figures, and rental yield reads 10.71% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 118.63% and total cumulative return in cash sums $78,613. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,784/mo property income instead of your personal income.
Condo
Built in 1990
2,178 sqft lot
$N/A/sqft
$332 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48423, Davison, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,406 (100%) |
| Owner Occupied HU | 10,191 (66.1%) |
| Renter Occupied HU | 4,466 (29.0%) |
| Vacant Housing Units | 749 ( 4.9%) |
| Median Home Value | $235,172 |
| Average Home Value | $262,027 |
Housing Distribution
Address Breakdown
Residential
15,373
Single Family
12,694
Multi-Family
2,679
Businesses
645
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Listed by: Michael J Davidson • REMAX Right Choice
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50172226
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