10600 Holt HwyDimondaleMI48821
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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
Investment property for sale in Dimondale at 10600 Holt Hwy, Dimondale, MI, 48821 uses $82,544 cash to close to unlock $4,772/yr annual cash flow and $398/mo monthly cash flow. Total monthly income runs $2,040/mo, and a $1,219/mo payment keeps the spread at $398/mo. Purchase price stands at $249,000, and rental yield measures 9.83% with $2,040/mo rent. Return on cash invested shows 25.69% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 134.38% and total cumulative return in cash records $110,924. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,040/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Single Family
Built in 1979
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48821, Dimondale, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,641 (100%) |
| Owner Occupied HU | 2,330 (88.2%) |
| Renter Occupied HU | 231 ( 8.7%) |
| Vacant Housing Units | 80 ( 3.0%) |
| Median Home Value | $270,379 |
| Average Home Value | $283,974 |
Housing Distribution
Address Breakdown
Residential
2,446
Single Family
2,030
Multi-Family
416
Businesses
122
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Listed by: Mara Tomic Bobas • Mara Realty
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #283393
Disclaimer: IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2023 Greater Lansing Association of REALTORS