4235 D AveNewportMI48166
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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 Newport at 4235 D Ave, Newport, MI, 48166 generates $1,454/mo in rent and, after a $929/mo payment, leaves $202/mo in cash flow. Total monthly income is $1,454/mo, and annual cash flow is $2,426/yr on $62,952 invested. Return on cash invested sits at 23.76% in year one, and rental yield is 9.19% on a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 124.1% and total cumulative return in cash sums $78,125. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,454/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48166, Newport, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,410 (100%) |
| Owner Occupied HU | 4,164 (77.0%) |
| Renter Occupied HU | 1,007 (18.6%) |
| Vacant Housing Units | 239 ( 4.4%) |
| Median Home Value | $263,468 |
| Average Home Value | $257,188 |
Housing Distribution
Address Breakdown
Residential
5,226
Single Family
4,686
Multi-Family
540
Businesses
135
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