2601 E Filion RdFilionMI48432
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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 Filion at 2601 E Filion Rd, Filion, MI, 48432 uses $71,273 cash to close to unlock $1,782/yr annual cash flow and $149/mo monthly cash flow. Total monthly income runs $1,566/mo, and a $1,052/mo payment keeps the spread at $149/mo. Purchase price stands at $215,000, and rental yield measures 8.74% with $1,566/mo rent. Return on cash invested shows 22.41% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 116.82% and total cumulative return in cash records $83,257. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,566/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 1946
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48432, Filion, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 368 (100%) |
| Owner Occupied HU | 309 (84.0%) |
| Renter Occupied HU | 28 ( 7.6%) |
| Vacant Housing Units | 31 ( 8.4%) |
| Median Home Value | $175,735 |
| Average Home Value | $224,498 |
Housing Distribution
Address Breakdown
Residential
272
Single Family
272
Multi-Family
0
Businesses
5
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