428 Doane StBeavertonMI48612
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
Investment Highlights
Rental property for sale in Beaverton at 428 Doane St, Beaverton, MI, 48612 priced at $315,000 converts $2,635/mo rent into $558/mo cash flow after a $1,542/mo obligation. Total monthly income equals $2,635/mo, and annual cash flow totals $6,690/yr on $104,423 invested. Return on cash invested prints 26.32% in year one, and rental yield reads 10.04% against a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,029 by year five. Five-year ROI reaches 137.75% and total cumulative return in cash sums $143,837. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,635/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Single Family
Built in 1965
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48612, Beaverton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,611 (100%) |
| Owner Occupied HU | 3,476 (61.9%) |
| Renter Occupied HU | 584 (10.4%) |
| Vacant Housing Units | 1,551 (27.6%) |
| Median Home Value | $175,758 |
| Average Home Value | $215,903 |
Housing Distribution
Address Breakdown
Residential
4,511
Single Family
4,423
Multi-Family
88
Businesses
149
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices