4005 E Oxford DrLelandMI49654
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 4005 E Oxford Dr, Leland, MI, 49654 in Leland the bet is firmly on appreciation. Rental yield 1.91%. The 1.91% gross yield on a $1,200,000 price is below income-first thresholds, but 5%/yr value growth projects $331,538 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.35) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $71,045.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.9% | 6.2% |
| Monthly Cash Flow | $(5,999) | $1,000 |
City averages based on Leland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,914 |
| Total Monthly Debt Service | $7,436 |
| DSCR Ratio | 0.26x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1979
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49654, Leland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 735 (100%) |
| Owner Occupied HU | 300 (40.8%) |
| Renter Occupied HU | 24 ( 3.3%) |
| Vacant Housing Units | 411 (55.9%) |
| Median Home Value | $643,382 |
| Average Home Value | $807,108 |
Housing Distribution
Address Breakdown
Residential
86
Single Family
86
Multi-Family
0
Businesses
82
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
Single Family
Built in 1979
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49654, Leland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 735 (100%) |
| Owner Occupied HU | 300 (40.8%) |
| Renter Occupied HU | 24 ( 3.3%) |
| Vacant Housing Units | 411 (55.9%) |
| Median Home Value | $643,382 |
| Average Home Value | $807,108 |
Housing Distribution
Address Breakdown
Residential
86
Single Family
86
Multi-Family
0
Businesses
82
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices