12474 James RdCarletonMI48117
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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 Carleton at 12474 James Rd, Carleton, MI, 48117 listed at $293,000 pairs $3,409/mo rent with a $1,434/mo payment to leave $1,477/mo cash flow. Total monthly income runs $3,409/mo, and annual cash flow reaches $17,723/yr on $97,130 cash to close. Return on cash invested measures 38.16% in year one, and rental yield registers 13.96% at a $293,000 basis. Equity gained on principal adds $1,891/yr, and annual property appreciation at 5% supports $80,951 by year five. Five-year ROI tracks 201.22% and total cumulative return in cash totals $195,442. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,409/mo property income relative to a $1,434/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2010
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48117, Carleton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,502 (100%) |
| Owner Occupied HU | 3,873 (86.0%) |
| Renter Occupied HU | 391 ( 8.7%) |
| Vacant Housing Units | 238 ( 5.3%) |
| Median Home Value | $324,962 |
| Average Home Value | $366,736 |
Housing Distribution
Address Breakdown
Residential
4,262
Single Family
4,193
Multi-Family
69
Businesses
187
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