13886 Litchfield RdMontroseMI48457
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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
Total monthly income runs $2,056/mo, and a $2,104/mo payment. Purchase price stands at $429,900, and rental yield measures 5.74% with $2,056/mo rent. Return on cash invested shows 13.35% in year one, and 5% annual appreciation builds toward $118,773 over five years. Five-year ROI reaches 68.23% and total cumulative return in cash records $97,231. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,056/mo property income covering a $2,104/mo payment rather than investor’s personal income.
Single Family
Built in 1994
13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48457, Montrose, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,389 (100%) |
| Owner Occupied HU | 2,729 (80.5%) |
| Renter Occupied HU | 509 (15.0%) |
| Vacant Housing Units | 151 ( 4.5%) |
| Median Home Value | $210,069 |
| Average Home Value | $243,153 |
Housing Distribution
Address Breakdown
Residential
3,081
Single Family
2,843
Multi-Family
238
Businesses
116
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