1193 Invitational DrMetamoraMI48455
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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
Rental property for sale in Metamora at 1193 Invitational Dr, Metamora, MI, 48455 generates $4,285/mo in rent, after a $3,392/mo payment. Total monthly income is $4,285/mo. Return on cash invested sits at 17.84% in year one, and rental yield is 7.42% on a $693,000 entry. Equity gained on principal adds $4,472/yr, while 5% annual appreciation builds toward $191,463 over five years. Five-year ROI reaches 92.5% and total cumulative return in cash sums $210,890. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,285/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
0.50 Acres lot
$N/A/sqft
$413 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48455, Metamora, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,610 (100%) |
| Owner Occupied HU | 3,209 (88.9%) |
| Renter Occupied HU | 228 ( 6.3%) |
| Vacant Housing Units | 173 ( 4.8%) |
| Median Home Value | $365,453 |
| Average Home Value | $447,688 |
Housing Distribution
Address Breakdown
Residential
3,423
Single Family
3,423
Multi-Family
0
Businesses
161
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