4202 Palms RdCascoMI48064
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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 Casco at 4202 Palms Rd, Casco, MI, 48064 listed at $299,900 pairs $2,546/mo rent with a $1,468/mo payment to leave $568/mo cash flow. Total monthly income runs $2,546/mo, and annual cash flow reaches $6,818/yr on $99,417 cash to close. Return on cash invested measures 26.77% in year one, and rental yield registers 10.19% at a $299,900 basis. Equity gained on principal adds $1,935/yr, and annual property appreciation at 5% supports $82,857 by year five. Five-year ROI tracks 140.19% and total cumulative return in cash totals $139,372. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,546/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
10.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48064, Casco, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,712 (100%) |
| Owner Occupied HU | 1,553 (90.7%) |
| Renter Occupied HU | 115 ( 6.7%) |
| Vacant Housing Units | 44 ( 2.6%) |
| Median Home Value | $291,802 |
| Average Home Value | $299,007 |
Housing Distribution
Address Breakdown
Residential
1,741
Single Family
1,309
Multi-Family
432
Businesses
53
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