156 Wilmington DrDundeeMI48131
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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 Dundee at 156 Wilmington Dr, Dundee, MI, 48131 listed at $163,200 pairs $1,306/mo rent with a $799/mo payment to leave $43/mo cash flow. Total monthly income runs $1,306/mo, and annual cash flow reaches $512/yr on $54,101 cash to close. Return on cash invested measures 20.86% in year one, and rental yield registers 9.6% at a $163,200 basis. Equity gained on principal adds $1,053/yr, and annual property appreciation at 5% supports $45,089 by year five. Five-year ROI tracks 109.99% and total cumulative return in cash totals $59,506. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,306/mo property income relative to a $799/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in 2006
N/A lot
$N/A/sqft
$117 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48131, Dundee, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,596 (100%) |
| Owner Occupied HU | 2,487 (69.2%) |
| Renter Occupied HU | 970 (27.0%) |
| Vacant Housing Units | 139 ( 3.9%) |
| Median Home Value | $311,953 |
| Average Home Value | $319,312 |
Housing Distribution
Address Breakdown
Residential
3,577
Single Family
3,252
Multi-Family
325
Businesses
241
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