1206 Forester RdDeckervilleMI48427
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
Rental property for sale in Deckerville at 1206 Forester Rd, Deckerville, MI, 48427 generates $1,889/mo in rent and, after a $1,028/mo payment, leaves $504/mo in cash flow. Total monthly income is $1,889/mo, and annual cash flow is $6,048/yr on $69,615 invested. Return on cash invested sits at 28.6% in year one, and rental yield is 10.79% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 149.96% and total cumulative return in cash sums $104,392. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,889/mo property income rather than buyer’s personal income.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dan Guibord • Red Carpet Keim Dynamics, Inc.
Mls Name: RMLS Multi-List
Mls ID: #142-25-0005