15850 Oak StDecaturMI49045
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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 Decatur at 15850 Oak St, Decatur, MI, 49045 uses $62,985 cash to close to unlock $2,184/yr annual cash flow and $182/mo monthly cash flow. Total monthly income runs $1,460/mo, and a $930/mo payment keeps the spread at $182/mo. Purchase price stands at $190,000, and rental yield measures 9.22% with $1,460/mo rent. Return on cash invested shows 23.38% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 122.12% and total cumulative return in cash records $76,920. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,460/mo property income covering a $930/mo payment rather than investor’s personal income.
Single Family
Built in 1950
7,405 sqft lot
$N/A/sqft
$25 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49045, Decatur, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,757 (100%) |
| Owner Occupied HU | 1,745 (63.3%) |
| Renter Occupied HU | 441 (16.0%) |
| Vacant Housing Units | 571 (20.7%) |
| Median Home Value | $235,907 |
| Average Home Value | $283,020 |
Housing Distribution
Address Breakdown
Residential
2,138
Single Family
2,013
Multi-Family
125
Businesses
124
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