16123 CoventryHollyMI48442
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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 Holly at 16123 Coventry, Holly, MI, 48442 generates $2,135/mo in rent and, after a $604/mo payment, leaves $1,321/mo in cash flow. Total monthly income is $2,135/mo, and annual cash flow is $15,855/yr on $40,907 invested. Return on cash invested sits at 58.67% in year one, and rental yield is 20.76% on a $123,400 entry. Equity gained on principal adds $796/yr, while 5% annual appreciation builds toward $34,093 over five years. Five-year ROI reaches 311.32% and total cumulative return in cash sums $127,351. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,135/mo property income rather than buyer’s personal income.
Manufactured
Built in 2024
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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