3742 Observatory LnHoltMI48842
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 Holt at 3742 Observatory Ln, Holt, MI, 48842 earns $676/mo cash flow from $3,511/mo rent with a $2,104/mo payment. Total monthly income totals $3,511/mo, and annual cash flow totals $8,114/yr on $142,512 capital. ROI tracks 25.6% on current figures, and rental yield reads 9.8% at a $429,900 purchase. Equity gained on principal adds $2,774/yr, and 5% annual appreciation supports $118,773 over five years. Five-year ROI reaches 133.93% and total cumulative return in cash sums $190,867. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,511/mo property income instead of your personal income.
Single Family
Built in 1991
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48842, Holt, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,767 (100%) |
| Owner Occupied HU | 6,777 (69.4%) |
| Renter Occupied HU | 2,574 (26.4%) |
| Vacant Housing Units | 416 ( 4.3%) |
| Median Home Value | $223,975 |
| Average Home Value | $230,312 |
Housing Distribution
Address Breakdown
Residential
9,669
Single Family
8,687
Multi-Family
982
Businesses
489
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices