1101 Waverly RdDimondaleMI48821
Nearby investment properties with comparable rents
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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 1101 Waverly Rd, Dimondale, MI, 48821 earns $674/mo cash flow from $1,993/mo rent with a $979/mo payment. Total monthly income totals $1,993/mo, and annual cash flow totals $8,088/yr on $66,300 capital. ROI tracks 32.11% on current figures, and rental yield reads 11.96% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 168.79% and total cumulative return in cash sums $111,908. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,993/mo property income instead of your personal income.
Single Family
Built in 1973
1 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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