1141 Shalin DrDavisonMI48423
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Davison at 1141 Shalin Dr, Davison, MI, 48423 at $280,000 posts ROI 19.22% with from $2,225/mo rent. Total monthly income equals $2,225/mo. Return on cash invested measures 19.22% and rental yield reads 9.54% at the current $280,000. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 by year five. Five-year ROI prints 101.7% and total cumulative return in cash totals $94,401. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,225/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1994
3,049 sqft lot
$N/A/sqft
$432 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48423, Davison, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,406 (100%) |
| Owner Occupied HU | 10,191 (66.1%) |
| Renter Occupied HU | 4,466 (29.0%) |
| Vacant Housing Units | 749 ( 4.9%) |
| Median Home Value | $235,172 |
| Average Home Value | $262,027 |
Housing Distribution
Address Breakdown
Residential
15,373
Single Family
12,694
Multi-Family
2,679
Businesses
645
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Nearby investment properties with comparable prices
Listed by: Linda M Tenny • REMAX Edge
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50174466
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