11175 E Shore DrDeltonMI49046
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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 Delton at 11175 E Shore Dr, Delton, MI, 49046 uses $82,875 cash to close to unlock $6,852/yr annual cash flow and $571/mo monthly cash flow. Total monthly income runs $2,220/mo, and a $1,224/mo payment keeps the spread at $571/mo. Purchase price stands at $250,000, and rental yield measures 10.66% with $2,220/mo rent. Return on cash invested shows 28.18% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 147.7% and total cumulative return in cash records $122,410. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,220/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1940
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49046, Delton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,745 (100%) |
| Owner Occupied HU | 2,643 (70.6%) |
| Renter Occupied HU | 349 ( 9.3%) |
| Vacant Housing Units | 753 (20.1%) |
| Median Home Value | $284,855 |
| Average Home Value | $355,428 |
Housing Distribution
Address Breakdown
Residential
3,168
Single Family
3,146
Multi-Family
22
Businesses
139
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