245 Addison CirFowlervilleMI48836
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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
Investment property for sale in Fowlerville at 245 Addison Cir, Fowlerville, MI, 48836 with 5% annual appreciation on a $269,900 basis while $1,880/mo rent supports operations. Total monthly income totals $1,880/mo and a $1,321/mo payment preserves $100/mo for cash returns. Annual cash flow comes to $1,202/yr on $89,472 deployed, and return on cash invested reaches 21.25% in year one. Equity gained on principal adds $1,742/yr, and five-year appreciation sums $74,568 alongside rental yield of 8.36%. Five-year ROI measures 110.62% and total cumulative return in cash totals $98,970.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,880/mo property income versus a $1,321/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48836, Fowlerville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,501 (100%) |
| Owner Occupied HU | 4,694 (85.3%) |
| Renter Occupied HU | 657 (11.9%) |
| Vacant Housing Units | 150 ( 2.7%) |
| Median Home Value | $278,107 |
| Average Home Value | $325,316 |
Housing Distribution
Address Breakdown
Residential
5,441
Single Family
5,381
Multi-Family
60
Businesses
337
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Listed by: Daniel J Callan • RE/MAX Platinum-Hartland
Mls Name: Realcomp II
Mls ID: #20251011346