2885 Aitken RdCroswellMI48422
Nearby investment properties with comparable rents
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
Rental property for sale in Croswell at 2885 Aitken Rd, Croswell, MI, 48422 priced at $239,000 pairs $2,903/mo rent with $1,327/mo cash flow after a $1,170/mo payment. Total monthly income equals $2,903/mo, and annual cash flow comes to $15,920/yr on $79,229 invested. Return on cash invested is 40% in year one, and rental yield stands at 14.58% on a $239,000 basis. Equity gained on principal adds $1,542/yr, and 5% annual appreciation accumulates to $66,031 by year five. Five-year ROI measures 211.15% and total cumulative return in cash reaches $167,292. For financing, Ziffy Mortgage’s DSCR program evaluates $2,903/mo property income against a $1,170/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
2.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48422, Croswell, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,769 (100%) |
| Owner Occupied HU | 2,044 (73.8%) |
| Renter Occupied HU | 484 (17.5%) |
| Vacant Housing Units | 241 ( 8.7%) |
| Median Home Value | $180,859 |
| Average Home Value | $216,363 |
Housing Distribution
Address Breakdown
Residential
2,589
Single Family
2,440
Multi-Family
149
Businesses
157
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Nearby investment properties with comparable prices
Listed by: Anthony Rubino • Pilot Property Group - Residential LLC
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50125288
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