2546 Limerick CirHoltMI48842
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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 2546 Limerick Cir, Holt, MI, 48842 offers a 10.88% rental yield on a $278,000 purchase with $2,520/mo rent. Total monthly income registers $2,520/mo, and a $1,361/mo payment leaves $337/mo available for distribution. Annual cash flow reaches $4,042/yr on $92,157 to close, and return on cash invested stands at 24.3% in year one. Equity gained on principal adds $1,794/yr while 5% annual appreciation supports $76,806 over five years. Portfolio math shows five-year ROI at 128.54% and total cumulative return in cash at $118,457. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,520/mo property income against a $1,361/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2007
1,306 sqft lot
$N/A/sqft
$265 monthly 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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