2244 Hermitage DrDavisonMI48423
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 2244 Hermitage Dr, Davison, MI, 48423 in Davison hard to pass up. The 20.04% gross yield on a $275,900 purchase results in $4,608/mo in rent and $2,789/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (3.71). Annual cash flow of $33,463, five-year appreciation of $76,226, and $2,541/yr in equity build-up combine for a projected total cumulative return of $284,518.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 20% | 5.2% |
| Monthly Cash Flow | $2,789 | $350 |
City averages based on Davison market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,608 |
| Total Monthly Debt Service | $1,710 |
| DSCR Ratio | 2.70x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1967
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48423, Davison, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,406 (100%) |
| Owner Occupied HU | 10,191 (66.1%) |
| Renter Occupied HU | 4,466 (29.0%) |
| Vacant Housing Units | 749 ( 4.9%) |
| Median Home Value | $235,172 |
| Average Home Value | $262,027 |
Housing Distribution
Address Breakdown
Residential
15,373
Single Family
12,694
Multi-Family
2,679
Businesses
645
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
Single Family
Built in 1967
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48423, Davison, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,406 (100%) |
| Owner Occupied HU | 10,191 (66.1%) |
| Renter Occupied HU | 4,466 (29.0%) |
| Vacant Housing Units | 749 ( 4.9%) |
| Median Home Value | $235,172 |
| Average Home Value | $262,027 |
Housing Distribution
Address Breakdown
Residential
15,373
Single Family
12,694
Multi-Family
2,679
Businesses
645
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices