302 Vansickle Dr #35CharlotteMI48813
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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 Charlotte at 302 Vansickle Dr #35, Charlotte, MI, 48813 earns $1,308/mo cash flow from $3,395/mo rent with a $1,549/mo payment. Total monthly income totals $3,395/mo, and annual cash flow totals $15,697/yr on $104,887 capital. ROI tracks 34.88% on current figures, and rental yield reads 12.88% at a $316,400 purchase. Equity gained on principal adds $2,042/yr, and 5% annual appreciation supports $87,415 over five years. Five-year ROI reaches 183.67% and total cumulative return in cash sums $192,649. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,395/mo property income instead of your personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48813, Charlotte, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,757 (100%) |
| Owner Occupied HU | 6,674 (76.2%) |
| Renter Occupied HU | 1,648 (18.8%) |
| Vacant Housing Units | 435 ( 5.0%) |
| Median Home Value | $238,833 |
| Average Home Value | $262,106 |
Housing Distribution
Address Breakdown
Residential
8,672
Single Family
8,161
Multi-Family
511
Businesses
621
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