3035 Inverness StDexterMI48130
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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 3035 Inverness St, Dexter, MI, 48130 generates $2,628/mo in rent and, after a $1,468/mo payment, leaves $650/mo in cash flow. Total monthly income is $2,628/mo, and annual cash flow is $7,800/yr on $99,450 invested. Return on cash invested sits at 27.75% in year one, and rental yield is 10.51% on a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 145.42% and total cumulative return in cash sums $144,624. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,628/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
10,454 sqft lot
$N/A/sqft
No 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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