20574 Indian DrParisMI49338
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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 Paris at 20574 Indian Dr, Paris, MI, 49338 generates $2,454/mo in rent and, after a $1,762/mo payment, leaves $80/mo in cash flow. Total monthly income is $2,454/mo, and annual cash flow is $960/yr on $119,340 invested. Return on cash invested sits at 20.71% in year one, and rental yield is 8.18% on a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 107.68% and total cumulative return in cash sums $128,505. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,454/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
5.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49338, Paris, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 982 (100%) |
| Owner Occupied HU | 691 (70.4%) |
| Renter Occupied HU | 120 (12.2%) |
| Vacant Housing Units | 171 (17.4%) |
| Median Home Value | $181,250 |
| Average Home Value | $208,969 |
Housing Distribution
Address Breakdown
Residential
829
Single Family
829
Multi-Family
0
Businesses
32
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