4030 Patti RdDorrMI49323
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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
Rental property for sale in Dorr at 4030 Patti Rd, Dorr, MI, 49323 priced at $457,500 pairs $2,861/mo rent with after a $2,239/mo payment. Total monthly income equals $2,861/mo. Return on cash invested is 18.68% in year one, and rental yield stands at 7.5% on a $457,500 basis. Equity gained on principal adds $2,952/yr, and 5% annual appreciation accumulates to $126,399 by year five. Five-year ROI measures 96.78% and total cumulative return in cash reaches $146,780. For financing, Ziffy Mortgage’s DSCR program evaluates $2,861/mo property income against a $2,239/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
0.38 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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