1191 Downington RdDeckervilleMI48427
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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 Deckerville at 1191 Downington Rd, Deckerville, MI, 48427 offers a 10.06% rental yield on a $213,400 purchase with $1,789/mo rent. Total monthly income registers $1,789/mo, and a $1,044/mo payment leaves $382/mo available for distribution. Annual cash flow reaches $4,587/yr on $70,742 to close, and return on cash invested stands at 26.39% in year one. Equity gained on principal adds $1,377/yr while 5% annual appreciation supports $58,958 over five years. Portfolio math shows five-year ROI at 138.18% and total cumulative return in cash at $97,755. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,789/mo property income against a $1,044/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48427, Deckerville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,536 (100%) |
| Owner Occupied HU | 869 (56.6%) |
| Renter Occupied HU | 202 (13.2%) |
| Vacant Housing Units | 465 (30.3%) |
| Median Home Value | $174,668 |
| Average Home Value | $254,324 |
Housing Distribution
Address Breakdown
Residential
1,229
Single Family
1,229
Multi-Family
0
Businesses
84
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: RMLS Multi-List
Mls Provider:
Mls ID: #044-25-0012