1115 Forest CtColumbusMI48063
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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 Columbus at 1115 Forest Ct, Columbus, MI, 48063 earns $144/mo cash flow from $902/mo rent with a $563/mo payment. Total monthly income totals $902/mo, and annual cash flow totals $1,722/yr on $38,122 capital. ROI tracks 24.43% on current figures, and rental yield reads 9.41% at a $114,999 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 127.67% and total cumulative return in cash sums $48,669. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $902/mo property income instead of your personal income.
Manufactured
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48063, Columbus, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,681 (100%) |
| Owner Occupied HU | 1,433 (85.2%) |
| Renter Occupied HU | 191 (11.4%) |
| Vacant Housing Units | 57 ( 3.4%) |
| Median Home Value | $300,638 |
| Average Home Value | $327,926 |
Housing Distribution
Address Breakdown
Residential
1,706
Single Family
1,706
Multi-Family
0
Businesses
32
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