12150 W Devis RdWest OliveMI49460
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 West Olive at 12150 W Devis Rd, West Olive, MI, 49460 listed at $679,900 pairs $3,721/mo rent with a $3,328/mo payment. Total monthly income runs $3,721/mo. Return on cash invested measures 15.97% in year one, and rental yield registers 6.57% at a $679,900 basis. Equity gained on principal adds $4,387/yr, and annual property appreciation at 5% supports $187,844 by year five. Five-year ROI tracks 82.23% and total cumulative return in cash totals $183,929. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,721/mo property income relative to a $3,328/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
3.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49460, West Olive, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,031 (100%) |
| Owner Occupied HU | 3,340 (82.9%) |
| Renter Occupied HU | 268 ( 6.6%) |
| Vacant Housing Units | 423 (10.5%) |
| Median Home Value | $378,999 |
| Average Home Value | $441,543 |
Housing Distribution
Address Breakdown
Residential
3,784
Single Family
3,068
Multi-Family
716
Businesses
132
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Emmett C TerBeek • Five Star Real Estate (Rock)
Mls Name: MichRIC
Mls ID: #25042482