2353 Belle Meade DrDavisonMI48423
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 Davison at 2353 Belle Meade Dr, Davison, MI, 48423 uses $112,379 cash to close to unlock $12,980/yr annual cash flow and $1,082/mo monthly cash flow. Total monthly income runs $3,317/mo, and a $1,659/mo payment keeps the spread at $1,082/mo. Purchase price stands at $339,000, and rental yield measures 11.74% with $3,317/mo rent. Return on cash invested shows 31.46% in year one, and 5% annual appreciation builds toward $93,659 over five years. Five-year ROI reaches 165.31% and total cumulative return in cash records $185,776. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,317/mo property income covering a $1,659/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.33 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