13615 Declaration Ct #138EagleMI48822
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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 Eagle at 13615 Declaration Ct #138, Eagle, MI, 48822 uses $35,802 cash to close to unlock $1,253/yr annual cash flow and $104/mo monthly cash flow. Total monthly income runs $817/mo, and a $529/mo payment keeps the spread at $104/mo. Purchase price stands at $108,000, and rental yield measures 9.08% with $817/mo rent. Return on cash invested shows 23.41% in year one, and 5% annual appreciation builds toward $29,838 over five years. Five-year ROI reaches 122.26% and total cumulative return in cash records $43,772. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $817/mo property income covering a $529/mo payment rather than investor’s personal income.
Manufactured
Built in 2022
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48822, Eagle, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,217 (100%) |
| Owner Occupied HU | 1,083 (89.0%) |
| Renter Occupied HU | 87 ( 7.1%) |
| Vacant Housing Units | 47 ( 3.9%) |
| Median Home Value | $323,021 |
| Average Home Value | $373,892 |
Housing Distribution
Address Breakdown
Residential
1,189
Single Family
1,189
Multi-Family
0
Businesses
34
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