1556 Witherspoon WayHoltMI48842
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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 Holt at 1556 Witherspoon Way, Holt, MI, 48842 earns from $2,041/mo rent with a $1,541/mo payment. Total monthly income totals $2,041/mo. ROI tracks 19.5% on current figures, and rental yield reads 7.78% at a $314,900 purchase. Equity gained on principal adds $2,032/yr, and 5% annual appreciation supports $87,001 over five years. Five-year ROI reaches 101.19% and total cumulative return in cash sums $105,634. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,041/mo property income instead of your personal income.
Single Family
Built in 2004
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48842, Holt, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,767 (100%) |
| Owner Occupied HU | 6,777 (69.4%) |
| Renter Occupied HU | 2,574 (26.4%) |
| Vacant Housing Units | 416 ( 4.3%) |
| Median Home Value | $223,975 |
| Average Home Value | $230,312 |
Housing Distribution
Address Breakdown
Residential
9,669
Single Family
8,687
Multi-Family
982
Businesses
489
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