342 Adele DrTrufantMI49347
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 Trufant at 342 Adele Dr, Trufant, MI, 49347 offers a 8.87% rental yield on a $272,000 purchase with $2,011/mo rent. Total monthly income registers $2,011/mo, and a $1,331/mo payment leaves $214/mo available for distribution. Annual cash flow reaches $2,571/yr on $90,168 to close, and return on cash invested stands at 22.76% in year one. Equity gained on principal adds $1,755/yr while 5% annual appreciation supports $75,149 over five years. Portfolio math shows five-year ROI at 118.72% and total cumulative return in cash at $107,045. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,011/mo property income against a $1,331/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
0.42 Acres lot
$N/A/sqft
$40 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49347, Trufant, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 709 (100%) |
| Owner Occupied HU | 482 (68.0%) |
| Renter Occupied HU | 52 ( 7.3%) |
| Vacant Housing Units | 175 (24.7%) |
| Median Home Value | $221,491 |
| Average Home Value | $225,176 |
Housing Distribution
Address Breakdown
Residential
589
Single Family
589
Multi-Family
0
Businesses
17
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