3424 Dursly CtOaklandMI48363
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
Rental property for sale in Oakland at 3424 Dursly Ct, Oakland, MI, 48363 priced at $1,045,190 pairs $7,612/mo rent with $554/mo cash flow after a $5,116/mo payment. Total monthly income equals $7,612/mo, and annual cash flow comes to $6,650/yr on $338,642 invested. Return on cash invested is 22.33% in year one, and rental yield stands at 8.74% on a $1,045,190 basis. Equity gained on principal adds $6,744/yr, and 5% annual appreciation accumulates to $288,767 by year five. Five-year ROI measures 116.51% and total cumulative return in cash reaches $394,555. For financing, Ziffy Mortgage’s DSCR program evaluates $7,612/mo property income against a $5,116/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
0.43 Acres lot
$N/A/sqft
$165 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48363, Oakland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,675 (100%) |
| Owner Occupied HU | 2,551 (95.4%) |
| Renter Occupied HU | 86 ( 3.2%) |
| Vacant Housing Units | 38 ( 1.4%) |
| Median Home Value | $576,031 |
| Average Home Value | $594,939 |
Housing Distribution
Address Breakdown
Residential
2,650
Single Family
2,298
Multi-Family
352
Businesses
15
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Nearby investment properties with comparable prices
Listed by: Barbara Gates • MJC Real Estate Co Inc.
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50153022
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