14013 Ambrosia AveDewittMI48820
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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 Dewitt at 14013 Ambrosia Ave, Dewitt, MI, 48820 generates $2,918/mo in rent, after a $2,687/mo payment. Total monthly income is $2,918/mo. Return on cash invested sits at 15.39% in year one, and rental yield is 6.38% on a $549,000 entry. Equity gained on principal adds $3,543/yr, while 5% annual appreciation builds toward $151,679 over five years. Five-year ROI reaches 79.13% and total cumulative return in cash sums $142,928. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,918/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48820, Dewitt, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,301 (100%) |
| Owner Occupied HU | 5,996 (82.1%) |
| Renter Occupied HU | 1,100 (15.1%) |
| Vacant Housing Units | 205 ( 2.8%) |
| Median Home Value | $350,447 |
| Average Home Value | $373,130 |
Housing Distribution
Address Breakdown
Residential
7,660
Single Family
6,974
Multi-Family
686
Businesses
447
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