13831 Colorado AveEagleMI48822
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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 13831 Colorado Ave, Eagle, MI, 48822 offers a 13.55% rental yield on a $207,800 purchase with $2,346/mo rent. Total monthly income registers $2,346/mo, and a $1,017/mo payment leaves $976/mo available for distribution. Annual cash flow reaches $11,709/yr on $68,886 to close, and return on cash invested stands at 36.91% in year one. Equity gained on principal adds $1,341/yr while 5% annual appreciation supports $57,411 over five years. Portfolio math shows five-year ROI at 194.53% and total cumulative return in cash at $134,001. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,346/mo property income against a $1,017/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
N/A 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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