3447 M 40 SHamiltonMI49419
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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
Total monthly income runs $1,200/mo, and a $1,101/mo payment. Purchase price stands at $224,900, and rental yield measures 6.4% with $1,200/mo rent. Return on cash invested shows 15.35% in year one, and 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 78.92% and total cumulative return in cash records $58,837. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,200/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1947
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49419, Hamilton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,062 (100%) |
| Owner Occupied HU | 2,787 (91.0%) |
| Renter Occupied HU | 202 ( 6.6%) |
| Vacant Housing Units | 73 ( 2.4%) |
| Median Home Value | $333,672 |
| Average Home Value | $371,908 |
Housing Distribution
Address Breakdown
Residential
3,061
Single Family
3,061
Multi-Family
0
Businesses
161
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