2545 Limerick Cir #8HoltMI48842
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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 Holt at 2545 Limerick Cir #8, Holt, MI, 48842 earns from $1,500/mo rent with a $1,395/mo payment. Total monthly income totals $1,500/mo. ROI tracks 15.09% on current figures, and rental yield reads 6.32% at a $285,000 purchase. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 over five years. Five-year ROI reaches 77.54% and total cumulative return in cash sums $73,254. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,500/mo property income instead of your personal income.
Condo
Built in 2003
1,306 sqft 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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