1215 Decamp RdLeslieMI49251
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 Leslie at 1215 Decamp Rd, Leslie, MI, 49251 offers a 9.82% rental yield on a $269,900 purchase with $2,208/mo rent. Total monthly income registers $2,208/mo, and a $1,321/mo payment leaves $428/mo available for distribution. Annual cash flow reaches $5,138/yr on $89,472 to close, and return on cash invested stands at 25.65% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,568 over five years. Portfolio math shows five-year ROI at 134.21% and total cumulative return in cash at $120,078. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,208/mo property income against a $1,321/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49251, Leslie, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,630 (100%) |
| Owner Occupied HU | 2,147 (81.6%) |
| Renter Occupied HU | 342 (13.0%) |
| Vacant Housing Units | 141 ( 5.4%) |
| Median Home Value | $241,615 |
| Average Home Value | $265,642 |
Housing Distribution
Address Breakdown
Residential
2,305
Single Family
2,274
Multi-Family
31
Businesses
117
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