3810 E Bevens RdCaroMI48723
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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
Investment property for sale in Caro at 3810 E Bevens Rd, Caro, MI, 48723 uses $64,643 cash to close to unlock $4,026/yr annual cash flow and $336/mo monthly cash flow. Total monthly income runs $1,621/mo, and a $954/mo payment keeps the spread at $336/mo. Purchase price stands at $195,000, and rental yield measures 9.98% with $1,621/mo rent. Return on cash invested shows 26.14% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 136.79% and total cumulative return in cash records $88,426. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,621/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1962
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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