2584 Varsity 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
Investment property for sale in Holt at 2584 Varsity Ln, Holt, MI, 48842 uses $149,142 cash to close to unlock $14,606/yr annual cash flow and $1,217/mo monthly cash flow. Total monthly income runs $4,184/mo, and a $2,202/mo payment keeps the spread at $1,217/mo. Purchase price stands at $449,900, and rental yield measures 11.16% with $4,184/mo rent. Return on cash invested shows 29.7% in year one, and 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 155.91% and total cumulative return in cash records $232,522. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,184/mo property income covering a $2,202/mo payment rather than investor’s personal income.
Single Family
Built in 1997
0.36 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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