1426 Houston DrSwartz CreekMI48473
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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 Swartz Creek at 1426 Houston Dr, Swartz Creek, MI, 48473 offers a 10.63% rental yield on a $199,900 purchase with $1,770/mo rent. Total monthly income registers $1,770/mo, and a $978/mo payment leaves $452/mo available for distribution. Annual cash flow reaches $5,426/yr on $66,267 to close, and return on cash invested stands at 28.1% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 147.33% and total cumulative return in cash at $97,633. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,770/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48473, Swartz Creek, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,182 (100%) |
| Owner Occupied HU | 7,490 (81.6%) |
| Renter Occupied HU | 1,357 (14.8%) |
| Vacant Housing Units | 335 ( 3.6%) |
| Median Home Value | $226,477 |
| Average Home Value | $241,027 |
Housing Distribution
Address Breakdown
Residential
9,444
Single Family
8,912
Multi-Family
532
Businesses
349
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Listed by: Melissa Redmond • Brookstone, Realtors LLC
Mls Name: Realcomp II
Mls ID: #20251047993