3055 N Dickinson AveHesperiaMI49421
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
Investment property for sale in Hesperia at 3055 N Dickinson Ave, Hesperia, MI, 49421 offers a 24.7% rental yield on a $102,200 purchase with $2,104/mo rent. Total monthly income registers $2,104/mo, and a $500/mo payment leaves $1,405/mo available for distribution. Annual cash flow reaches $16,866/yr on $33,879 to close, and return on cash invested stands at 69.69% in year one. Equity gained on principal adds $659/yr while 5% annual appreciation supports $28,236 over five years. Portfolio math shows five-year ROI at 370.74% and total cumulative return in cash at $125,603. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,104/mo property income against a $500/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
2.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49421, Hesperia, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,963 (100%) |
| Owner Occupied HU | 2,022 (68.2%) |
| Renter Occupied HU | 326 (11.0%) |
| Vacant Housing Units | 615 (20.8%) |
| Median Home Value | $173,111 |
| Average Home Value | $207,914 |
Housing Distribution
Address Breakdown
Residential
2,436
Single Family
2,307
Multi-Family
129
Businesses
70
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices