4307 Inverness StDexterMI48130
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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 Dexter at 4307 Inverness St, Dexter, MI, 48130 uses $69,615 cash to close to unlock $5,952/yr annual cash flow and $496/mo monthly cash flow. Total monthly income runs $1,881/mo, and a $1,028/mo payment keeps the spread at $496/mo. Purchase price stands at $210,000, and rental yield measures 10.75% with $1,881/mo rent. Return on cash invested shows 28.46% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 149.2% and total cumulative return in cash records $103,864. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,881/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Condo
Built in 1997
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48130, Dexter, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,147 (100%) |
| Owner Occupied HU | 5,316 (86.5%) |
| Renter Occupied HU | 586 ( 9.5%) |
| Vacant Housing Units | 245 ( 4.0%) |
| Median Home Value | $464,823 |
| Average Home Value | $515,768 |
Housing Distribution
Address Breakdown
Residential
6,303
Single Family
6,154
Multi-Family
149
Businesses
541
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