1644 Hilltop DrCamdenMI49232
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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 Camden at 1644 Hilltop Dr, Camden, MI, 49232 generates $2,069/mo in rent and, after a $1,512/mo payment, leaves $32/mo in cash flow. Total monthly income is $2,069/mo, and annual cash flow is $380/yr on $102,434 invested. Return on cash invested sits at 20.28% in year one, and rental yield is 8.03% on a $309,000 entry. Equity gained on principal adds $1,994/yr, while 5% annual appreciation builds toward $85,371 over five years. Five-year ROI reaches 105.36% and total cumulative return in cash sums $107,921. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,069/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49232, Camden, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,280 (100%) |
| Owner Occupied HU | 859 (67.1%) |
| Renter Occupied HU | 125 ( 9.8%) |
| Vacant Housing Units | 296 (23.1%) |
| Median Home Value | $219,860 |
| Average Home Value | $248,577 |
Housing Distribution
Address Breakdown
Residential
1,124
Single Family
1,124
Multi-Family
0
Businesses
39
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