295 Victoria DrDexterMI48130
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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
Rental property for sale in Dexter at 295 Victoria Dr, Dexter, MI, 48130 priced at $295,000 converts $2,176/mo rent into after a $1,444/mo obligation. Total monthly income equals $2,176/mo. Return on cash invested prints 18.57% in year one, and rental yield reads 8.85% against a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation compiles into $81,503 by year five. Five-year ROI reaches 97.7% and total cumulative return in cash sums $95,546. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,176/mo property income covering a $1,444/mo payment, not borrower’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
$340 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48130, Dexter, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,147 (100%) |
| Owner Occupied HU | 5,316 (86.5%) |
| Renter Occupied HU | 586 ( 9.5%) |
| Vacant Housing Units | 245 ( 4.0%) |
| Median Home Value | $464,823 |
| Average Home Value | $515,768 |
Housing Distribution
Address Breakdown
Residential
6,303
Single Family
6,154
Multi-Family
149
Businesses
541
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