2538 Parrott StDeckervilleMI48427
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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 Deckerville at 2538 Parrott St, Deckerville, MI, 48427 listed at $157,100 pairs $2,002/mo rent with a $769/mo payment to leave $966/mo cash flow. Total monthly income runs $2,002/mo, and annual cash flow reaches $11,591/yr on $52,079 cash to close. Return on cash invested measures 42.17% in year one, and rental yield registers 15.29% at a $157,100 basis. Equity gained on principal adds $1,014/yr, and annual property appreciation at 5% supports $43,404 by year five. Five-year ROI tracks 222.73% and total cumulative return in cash totals $115,995. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,002/mo property income relative to a $769/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1997
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48427, Deckerville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,536 (100%) |
| Owner Occupied HU | 869 (56.6%) |
| Renter Occupied HU | 202 (13.2%) |
| Vacant Housing Units | 465 (30.3%) |
| Median Home Value | $174,668 |
| Average Home Value | $254,324 |
Housing Distribution
Address Breakdown
Residential
1,229
Single Family
1,229
Multi-Family
0
Businesses
84
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Listed by: N/A • N/A
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Mls ID: #N/A