3906 18th StDorrMI49323
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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 Dorr at 3906 18th St, Dorr, MI, 49323 earns from $2,395/mo rent with a $2,202/mo payment. Total monthly income totals $2,395/mo. ROI tracks 15.31% on current figures, and rental yield reads 6.39% at a $449,900 purchase. Equity gained on principal adds $2,903/yr, and 5% annual appreciation supports $124,299 over five years. Five-year ROI reaches 78.72% and total cumulative return in cash sums $117,406. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,395/mo property income instead of your personal income.
Single Family
Built in 1992
5.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49323, Dorr, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,890 (100%) |
| Owner Occupied HU | 3,447 (88.6%) |
| Renter Occupied HU | 222 ( 5.7%) |
| Vacant Housing Units | 221 ( 5.7%) |
| Median Home Value | $285,462 |
| Average Home Value | $315,355 |
Housing Distribution
Address Breakdown
Residential
3,611
Single Family
3,611
Multi-Family
0
Businesses
159
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