27364 Spaulding RdNew HudsonMI48165
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Nearby investment properties with comparable prices
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 New Hudson at 27364 Spaulding Rd, New Hudson, MI, 48165 earns $738/mo cash flow from $1,920/mo rent with a $729/mo payment. Total monthly income totals $1,920/mo, and annual cash flow totals $8,852/yr on $49,394 capital. ROI tracks 37.83% on current figures, and rental yield reads 15.46% at a $149,000 purchase. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,166 over five years. Five-year ROI reaches 201.27% and total cumulative return in cash sums $99,412. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,920/mo property income instead of your personal income.
Condo
Built in 1986
2.77 Acres lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48165, New Hudson, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,765 (100%) |
| Owner Occupied HU | 2,780 (73.8%) |
| Renter Occupied HU | 866 (23.0%) |
| Vacant Housing Units | 119 ( 3.2%) |
| Median Home Value | $419,069 |
| Average Home Value | $425,251 |
Housing Distribution
Address Breakdown
Residential
3,795
Single Family
2,799
Multi-Family
996
Businesses
304
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Nearby investment properties with comparable prices
Listed by: Andrew Meredith • Perfect Fit Realty Group LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #24052970
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.