2683 Fenton RdHartlandMI48353
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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 Hartland at 2683 Fenton Rd, Hartland, MI, 48353 uses $102,765 cash to close to unlock $6,372/yr annual cash flow and $531/mo monthly cash flow. Total monthly income runs $2,575/mo, and a $1,517/mo payment keeps the spread at $531/mo. Purchase price stands at $310,000, and rental yield measures 9.97% with $2,575/mo rent. Return on cash invested shows 26.11% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 136.61% and total cumulative return in cash records $140,383. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,575/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Single Family
Built in 1979
1.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48353, Hartland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,806 (100%) |
| Owner Occupied HU | 2,421 (86.3%) |
| Renter Occupied HU | 183 ( 6.5%) |
| Vacant Housing Units | 202 ( 7.2%) |
| Median Home Value | $389,725 |
| Average Home Value | $406,369 |
Housing Distribution
Address Breakdown
Residential
2,472
Single Family
2,472
Multi-Family
0
Businesses
308
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