135 Hamilton StDimondaleMI48821
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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 Dimondale at 135 Hamilton St, Dimondale, MI, 48821 offers $1,613/mo rent that, after a $1,162/mo payment, leaves $47/mo cash flow. Total monthly income is $1,613/mo, and annual cash flow is $567/yr on $78,731 cash. Return on cash invested measures 20.63% in year one, and rental yield stands at 8.15% at a $237,500 entry. Equity gained on principal adds $1,533/yr while 5% annual appreciation compounds into $65,617 by year five. Five-year ROI records 107.27% and total cumulative return in cash reaches $84,453. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,613/mo property income versus a $1,162/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48821, Dimondale, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,641 (100%) |
| Owner Occupied HU | 2,330 (88.2%) |
| Renter Occupied HU | 231 ( 8.7%) |
| Vacant Housing Units | 80 ( 3.0%) |
| Median Home Value | $270,379 |
| Average Home Value | $283,974 |
Housing Distribution
Address Breakdown
Residential
2,446
Single Family
2,030
Multi-Family
416
Businesses
122
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