11065 Corral DrRavennaMI49451
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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
Total monthly income runs $3,030/mo, and a $3,304/mo payment. Purchase price stands at $675,000, and rental yield measures 5.39% with $3,030/mo rent. Return on cash invested shows 12.38% in year one, and 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 62.97% and total cumulative return in cash records $139,839. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,030/mo property income covering a $3,304/mo payment rather than investor’s personal income.
Single Family
Built in 2019
15.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49451, Ravenna, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,211 (100%) |
| Owner Occupied HU | 1,916 (86.7%) |
| Renter Occupied HU | 208 ( 9.4%) |
| Vacant Housing Units | 87 ( 3.9%) |
| Median Home Value | $269,377 |
| Average Home Value | $315,956 |
Housing Distribution
Address Breakdown
Residential
2,313
Single Family
2,229
Multi-Family
84
Businesses
116
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