1836 142nd AveDorrMI49323
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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 Dorr at 1836 142nd Ave, Dorr, MI, 49323 uses $69,615 cash to close to unlock $708/yr annual cash flow and $59/mo monthly cash flow. Total monthly income runs $1,444/mo, and a $1,028/mo payment keeps the spread at $59/mo. Purchase price stands at $210,000, and rental yield measures 8.25% with $1,444/mo rent. Return on cash invested shows 20.93% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 108.83% and total cumulative return in cash records $75,760. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,444/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Single Family
Built in 1940
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49323, Dorr, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,890 (100%) |
| Owner Occupied HU | 3,447 (88.6%) |
| Renter Occupied HU | 222 ( 5.7%) |
| Vacant Housing Units | 221 ( 5.7%) |
| Median Home Value | $285,462 |
| Average Home Value | $315,355 |
Housing Distribution
Address Breakdown
Residential
3,611
Single Family
3,611
Multi-Family
0
Businesses
159
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