3300 Magnolia CtMidlandMI48642
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 Midland at 3300 Magnolia Ct, Midland, MI, 48642 offers a 9.21% rental yield on a $105,000 purchase with $806/mo rent. Total monthly income registers $806/mo, and a $514/mo payment leaves $114/mo available for distribution. Annual cash flow reaches $1,362/yr on $34,808 to close, and return on cash invested stands at 23.82% in year one. Equity gained on principal adds $678/yr while 5% annual appreciation supports $29,010 over five years. Portfolio math shows five-year ROI at 124.43% and total cumulative return in cash at $43,310. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $806/mo property income against a $514/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48642, Midland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,273 (100%) |
| Owner Occupied HU | 10,847 (71.0%) |
| Renter Occupied HU | 3,491 (22.9%) |
| Vacant Housing Units | 935 ( 6.1%) |
| Median Home Value | $218,575 |
| Average Home Value | $275,267 |
Housing Distribution
Address Breakdown
Residential
14,670
Single Family
13,366
Multi-Family
1,304
Businesses
580
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices