31608 Beaver CirNew BostonMI48164
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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 New Boston at 31608 Beaver Cir, New Boston, MI, 48164 generates $2,456/mo in rent, after a $1,997/mo payment. Total monthly income is $2,456/mo. Return on cash invested sits at 17.27% in year one, and rental yield is 7.22% on a $407,950 entry. Equity gained on principal adds $2,632/yr, while 5% annual appreciation builds toward $112,709 over five years. Five-year ROI reaches 89.43% and total cumulative return in cash sums $120,940. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,456/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
8,276 sqft lot
$N/A/sqft
$750 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48164, New Boston, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,650 (100%) |
| Owner Occupied HU | 3,244 (88.9%) |
| Renter Occupied HU | 275 ( 7.5%) |
| Vacant Housing Units | 131 ( 3.6%) |
| Median Home Value | $331,699 |
| Average Home Value | $334,306 |
Housing Distribution
Address Breakdown
Residential
3,822
Single Family
3,822
Multi-Family
0
Businesses
197
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Nearby investment properties with comparable prices
Listed by: Ronald Collard • Nu Vision Realty LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #24030622
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.