2390 Rolling Ridge LnHoltMI48842
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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 Holt at 2390 Rolling Ridge Ln, Holt, MI, 48842 offers $3,655/mo rent that, after a $1,640/mo payment, leaves $1,313/mo cash flow. Total monthly income is $3,655/mo, and annual cash flow is $15,751/yr on $111,053 cash. Return on cash invested measures 34.09% in year one, and rental yield stands at 13.09% at a $335,000 entry. Equity gained on principal adds $2,162/yr while 5% annual appreciation compounds into $92,554 by year five. Five-year ROI records 179.95% and total cumulative return in cash reaches $199,844. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,655/mo property income versus a $1,640/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48842, Holt, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,767 (100%) |
| Owner Occupied HU | 6,777 (69.4%) |
| Renter Occupied HU | 2,574 (26.4%) |
| Vacant Housing Units | 416 ( 4.3%) |
| Median Home Value | $223,975 |
| Average Home Value | $230,312 |
Housing Distribution
Address Breakdown
Residential
9,669
Single Family
8,687
Multi-Family
982
Businesses
489
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Listed by: Christopher Silker • Keller Williams Realty Lansing-East
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #285312
Disclaimer: IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2023 Greater Lansing Association of REALTORS