3167 Kingston DrPrescottMI48756
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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
Rental property for sale in Prescott at 3167 Kingston Dr, Prescott, MI, 48756 priced at $222,000 pairs $1,808/mo rent with $344/mo cash flow after a $1,087/mo payment. Total monthly income equals $1,808/mo, and annual cash flow comes to $4,123/yr on $73,593 invested. Return on cash invested is 25.51% in year one, and rental yield stands at 9.77% on a $222,000 basis. Equity gained on principal adds $1,433/yr, and 5% annual appreciation accumulates to $61,335 by year five. Five-year ROI measures 133.45% and total cumulative return in cash reaches $98,211. For financing, Ziffy Mortgage’s DSCR program evaluates $1,808/mo property income against a $1,087/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48756, Prescott, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,222 (100%) |
| Owner Occupied HU | 1,623 (50.4%) |
| Renter Occupied HU | 309 ( 9.6%) |
| Vacant Housing Units | 1,290 (40.0%) |
| Median Home Value | $104,388 |
| Average Home Value | $154,436 |
Housing Distribution
Address Breakdown
Residential
1,862
Single Family
1,828
Multi-Family
34
Businesses
60
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