360 E Deckerville RdCaroMI48723
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 Caro at 360 E Deckerville Rd, Caro, MI, 48723 at $248,000 posts ROI 30.47% with $723/mo cash flow from $2,359/mo rent. Total monthly income equals $2,359/mo, and annual cash flow records $8,681/yr on $82,212 to close. Return on cash invested measures 30.47% and rental yield reads 11.41% at the current $248,000. Equity gained on principal adds $1,600/yr, and 5% annual appreciation supports $68,518 by year five. Five-year ROI prints 160.03% and total cumulative return in cash totals $131,562.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,359/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48723, Caro, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,270 (100%) |
| Owner Occupied HU | 3,730 (70.8%) |
| Renter Occupied HU | 1,083 (20.6%) |
| Vacant Housing Units | 457 ( 8.7%) |
| Median Home Value | $147,264 |
| Average Home Value | $179,741 |
Housing Distribution
Address Breakdown
Residential
5,078
Single Family
4,873
Multi-Family
205
Businesses
460
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Nearby investment properties with comparable prices
