216 Beecher StOtisvilleMI48463
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Otisville at 216 Beecher St, Otisville, MI, 48463 at $174,900 posts ROI 26.77% with $332/mo cash flow from $1,485/mo rent. Total monthly income equals $1,485/mo, and annual cash flow records $3,980/yr on $57,979 to close. Return on cash invested measures 26.77% and rental yield reads 10.19% at the current $174,900. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,322 by year five. Five-year ROI prints 140.2% and total cumulative return in cash totals $81,288.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,485/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48463, Otisville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,899 (100%) |
| Owner Occupied HU | 1,655 (87.2%) |
| Renter Occupied HU | 138 ( 7.3%) |
| Vacant Housing Units | 106 ( 5.6%) |
| Median Home Value | $219,681 |
| Average Home Value | $238,267 |
Housing Distribution
Address Breakdown
Residential
1,731
Single Family
1,731
Multi-Family
0
Businesses
91
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices