146th AveDorrMI49323
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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 Dorr at 146th Ave, Dorr, MI, 49323 offers a 8% rental yield on a $205,000 purchase with $1,367/mo rent. Total monthly income registers $1,367/mo, and a $1,003/mo payment leaves $16/mo available for distribution. Annual cash flow reaches $186/yr on $67,958 to close, and return on cash invested stands at 20.18% in year one. Equity gained on principal adds $1,323/yr while 5% annual appreciation supports $56,638 over five years. Portfolio math shows five-year ROI at 104.88% and total cumulative return in cash at $71,274. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,367/mo property income against a $1,003/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49323, Dorr, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,890 (100%) |
| Owner Occupied HU | 3,447 (88.6%) |
| Renter Occupied HU | 222 ( 5.7%) |
| Vacant Housing Units | 221 ( 5.7%) |
| Median Home Value | $285,462 |
| Average Home Value | $315,355 |
Housing Distribution
Address Breakdown
Residential
3,611
Single Family
3,611
Multi-Family
0
Businesses
159
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