15681 Tubspring RdAllentonMI48002
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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 Allenton at 15681 Tubspring Rd, Allenton, MI, 48002 generates $3,122/mo in rent, after a $2,447/mo payment. Total monthly income is $3,122/mo. Return on cash invested sits at 18.64% in year one, and rental yield is 7.49% on a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 96.56% and total cumulative return in cash sums $160,052. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,122/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48002, Allenton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,225 (100%) |
| Owner Occupied HU | 1,116 (91.1%) |
| Renter Occupied HU | 67 ( 5.5%) |
| Vacant Housing Units | 42 ( 3.4%) |
| Median Home Value | $323,094 |
| Average Home Value | $325,284 |
Housing Distribution
Address Breakdown
Residential
1,211
Single Family
1,211
Multi-Family
0
Businesses
30
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