10600 Dewitt RdVan Buren TownshipMI48111
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 Van Buren Township at 10600 Dewitt Rd, Van Buren Township, MI, 48111 uses $109,064 cash to close to unlock $1,640/yr annual cash flow and $137/mo monthly cash flow. Total monthly income runs $2,306/mo, and a $1,610/mo payment keeps the spread at $137/mo. Purchase price stands at $329,000, and rental yield measures 8.41% with $2,306/mo rent. Return on cash invested shows 21.41% in year one, and 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 111.44% and total cumulative return in cash records $121,545. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,306/mo property income covering a $1,610/mo payment rather than investor’s personal income.
Single Family
Built in 1993
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48111, Belleville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,990 (100%) |
| Owner Occupied HU | 13,158 (65.8%) |
| Renter Occupied HU | 5,714 (28.6%) |
| Vacant Housing Units | 1,118 ( 5.6%) |
| Median Home Value | $271,917 |
| Average Home Value | $286,480 |
Housing Distribution
Address Breakdown
Residential
19,973
Single Family
17,138
Multi-Family
2,835
Businesses
655
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brett M Barry • EXP Realty Main
Mls Name: Realcomp II
Mls ID: #20251038403