43350 Arkona RdNew BostonMI48164
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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 New Boston at 43350 Arkona Rd, New Boston, MI, 48164 listed at $489,900 pairs $3,448/mo rent with a $2,398/mo payment to leave $217/mo cash flow. Total monthly income runs $3,448/mo, and annual cash flow reaches $2,606/yr on $162,402 cash to close. Return on cash invested measures 21.51% in year one, and rental yield registers 8.45% at a $489,900 basis. Equity gained on principal adds $3,161/yr, and annual property appreciation at 5% supports $135,350 by year five. Five-year ROI tracks 112.01% and total cumulative return in cash totals $181,901. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,448/mo property income relative to a $2,398/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
1.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48164, New Boston, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,650 (100%) |
| Owner Occupied HU | 3,244 (88.9%) |
| Renter Occupied HU | 275 ( 7.5%) |
| Vacant Housing Units | 131 ( 3.6%) |
| Median Home Value | $331,699 |
| Average Home Value | $334,306 |
Housing Distribution
Address Breakdown
Residential
3,822
Single Family
3,822
Multi-Family
0
Businesses
197
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Listed by: Alli Henning • eXp Realty LLC in Monroe
Mls Name: MiRealSource
Mls ID: #50190127