308 E Orchard StDeltonMI49046
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 Delton at 308 E Orchard St, Delton, MI, 49046 offers a 35.7% rental yield on a $112,500 purchase with $3,347/mo rent. Total monthly income registers $3,347/mo, and a $551/mo payment leaves $2,605/mo available for distribution. Annual cash flow reaches $31,257/yr on $37,294 to close, and return on cash invested stands at 103.72% in year one. Equity gained on principal adds $726/yr while 5% annual appreciation supports $31,082 over five years. Portfolio math shows five-year ROI at 552.84% and total cumulative return in cash at $206,176. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,347/mo property income against a $551/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1911
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49046, Delton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,745 (100%) |
| Owner Occupied HU | 2,643 (70.6%) |
| Renter Occupied HU | 349 ( 9.3%) |
| Vacant Housing Units | 753 (20.1%) |
| Median Home Value | $284,855 |
| Average Home Value | $355,428 |
Housing Distribution
Address Breakdown
Residential
3,168
Single Family
3,146
Multi-Family
22
Businesses
139
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