28245 Raleigh Crescent Dr #50New BaltimoreMI48051
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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 New Baltimore at 28245 Raleigh Crescent Dr #50, New Baltimore, MI, 48051 earns from $899/mo rent with a $660/mo payment. Total monthly income totals $899/mo. ROI tracks 13.46% on current figures, and rental yield reads 8% at a $134,900 purchase. Equity gained on principal adds $870/yr, and 5% annual appreciation supports $37,270 over five years. Five-year ROI reaches 71.26% and total cumulative return in cash sums $31,865. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $899/mo property income instead of your personal income.
Condo
Built in 1978
N/A lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48051, New Baltimore, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,506 (100%) |
| Owner Occupied HU | 6,264 (83.5%) |
| Renter Occupied HU | 986 (13.1%) |
| Vacant Housing Units | 256 ( 3.4%) |
| Median Home Value | $283,218 |
| Average Home Value | $286,672 |
Housing Distribution
Address Breakdown
Residential
7,817
Single Family
7,817
Multi-Family
0
Businesses
604
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Listed by: N/A • N/A
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Mls ID: #N/A