4441 S 38th StClimaxMI49034
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
Total monthly income runs $3,011/mo, and a $2,300/mo payment. Purchase price stands at $470,000, and rental yield measures 7.69% with $3,011/mo rent. Return on cash invested shows 19.23% in year one, and 5% annual appreciation builds toward $129,852 over five years. Five-year ROI reaches 99.72% and total cumulative return in cash records $155,361. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,011/mo property income covering a $2,300/mo payment rather than investor’s personal income.
Single Family
Built in 1978
10.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49034, Climax, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 951 (100%) |
| Owner Occupied HU | 849 (89.3%) |
| Renter Occupied HU | 79 ( 8.3%) |
| Vacant Housing Units | 23 ( 2.4%) |
| Median Home Value | $298,476 |
| Average Home Value | $360,127 |
Housing Distribution
Address Breakdown
Residential
835
Single Family
811
Multi-Family
24
Businesses
28
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
