10630 Imlay City RdEmmettMI48022
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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 Emmett at 10630 Imlay City Rd, Emmett, MI, 48022 generates $2,860/mo in rent and, after a $2,056/mo payment, leaves $90/mo in cash flow. Total monthly income is $2,860/mo, and annual cash flow is $1,080/yr on $139,230 invested. Return on cash invested sits at 20.68% in year one, and rental yield is 8.17% on a $420,000 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 107.52% and total cumulative return in cash sums $149,707. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,860/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
3.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48022, Emmett, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,010 (100%) |
| Owner Occupied HU | 906 (89.7%) |
| Renter Occupied HU | 51 ( 5.0%) |
| Vacant Housing Units | 53 ( 5.2%) |
| Median Home Value | $277,331 |
| Average Home Value | $279,793 |
Housing Distribution
Address Breakdown
Residential
964
Single Family
964
Multi-Family
0
Businesses
32
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