1370 N Dietz RdWebbervilleMI48892
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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 Webberville at 1370 N Dietz Rd, Webberville, MI, 48892 uses $77,903 cash to close to unlock $10,626/yr annual cash flow and $886/mo monthly cash flow. Total monthly income runs $2,435/mo, and a $1,150/mo payment keeps the spread at $886/mo. Purchase price stands at $235,000, and rental yield measures 12.43% with $2,435/mo rent. Return on cash invested shows 33.55% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 176.53% and total cumulative return in cash records $137,524. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,435/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 1924
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48892, Webberville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,774 (100%) |
| Owner Occupied HU | 1,466 (82.6%) |
| Renter Occupied HU | 239 (13.5%) |
| Vacant Housing Units | 69 ( 3.9%) |
| Median Home Value | $261,180 |
| Average Home Value | $335,373 |
Housing Distribution
Address Breakdown
Residential
1,672
Single Family
1,672
Multi-Family
0
Businesses
84
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Listed by: Erica Cook • Keller Williams Realty Lansing
Mls Name: Greater Lansing AOR
Mls ID: #291331