15750 W Ridge RdOakleyMI48649
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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
Total monthly income runs $2,048/mo, and a $1,664/mo payment. Purchase price stands at $339,900, and rental yield measures 7.23% with $2,048/mo rent. Return on cash invested shows 17.84% in year one, and 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 92.34% and total cumulative return in cash records $104,051. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,048/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 1968
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48649, Oakley, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 812 (100%) |
| Owner Occupied HU | 667 (82.1%) |
| Renter Occupied HU | 109 (13.4%) |
| Vacant Housing Units | 36 ( 4.4%) |
| Median Home Value | $204,529 |
| Average Home Value | $242,279 |
Housing Distribution
Address Breakdown
Residential
620
Single Family
620
Multi-Family
0
Businesses
24
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