16119 Coventry DrHollyMI48442
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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 Holly at 16119 Coventry Dr, Holly, MI, 48442 offers a 9.65% rental yield on a $156,999 purchase with $1,263/mo rent. Total monthly income registers $1,263/mo, and a $768/mo payment leaves $228/mo available for distribution. Annual cash flow reaches $2,737/yr on $52,045 to close, and return on cash invested stands at 25.17% in year one. Equity gained on principal adds $1,013/yr while 5% annual appreciation supports $43,376 over five years. Portfolio math shows five-year ROI at 131.65% and total cumulative return in cash at $68,515. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,263/mo property income against a $768/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48442, Holly, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,096 (100%) |
| Owner Occupied HU | 7,034 (77.3%) |
| Renter Occupied HU | 1,556 (17.1%) |
| Vacant Housing Units | 506 ( 5.6%) |
| Median Home Value | $310,863 |
| Average Home Value | $354,438 |
Housing Distribution
Address Breakdown
Residential
9,091
Single Family
8,905
Multi-Family
186
Businesses
416
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