159 Addison CirFowlervilleMI48836
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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 Fowlerville at 159 Addison Cir, Fowlerville, MI, 48836 earns $158/mo cash flow from $2,136/mo rent with a $1,468/mo payment. Total monthly income totals $2,136/mo, and annual cash flow totals $1,898/yr on $99,417 capital. ROI tracks 21.82% on current figures, and rental yield reads 8.55% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 113.65% and total cumulative return in cash sums $112,984. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,136/mo property income instead of your personal income.
Condo
Built in 1997
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48836, Fowlerville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,501 (100%) |
| Owner Occupied HU | 4,694 (85.3%) |
| Renter Occupied HU | 657 (11.9%) |
| Vacant Housing Units | 150 ( 2.7%) |
| Median Home Value | $278,107 |
| Average Home Value | $325,316 |
Housing Distribution
Address Breakdown
Residential
5,441
Single Family
5,381
Multi-Family
60
Businesses
337
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Listed by: Allison Warren • BHHS Heritage Real Estate
Mls Name: Realcomp II
Mls ID: #20251039454