16875 MeadowbrookHaslettMI48840
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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 Haslett at 16875 Meadowbrook, Haslett, MI, 48840 uses $174,370 cash to close to unlock $36,460/yr annual cash flow and $3,038/mo monthly cash flow. Total monthly income runs $6,560/mo, and a $2,594/mo payment keeps the spread at $3,038/mo. Purchase price stands at $530,000, and rental yield measures 14.85% with $6,560/mo rent. Return on cash invested shows 40.97% in year one, and 5% annual appreciation builds toward $146,429 over five years. Five-year ROI reaches 216.36% and total cumulative return in cash records $377,275. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,560/mo property income covering a $2,594/mo payment rather than investor’s personal income.
Single Family
Built in 2005
9,583 sqft lot
$N/A/sqft
$320 annually HOA
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Nearby investment properties with comparable prices
Listed by: Mary Jo Garascia • Berkshire Hathaway HomeServices Tomie Raines
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #282718
Disclaimer: IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2023 Greater Lansing Association of REALTORS