445 Skyline DrHortonMI49246
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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 Horton at 445 Skyline Dr, Horton, MI, 49246 uses $82,709 cash to close to unlock $730/yr annual cash flow and $61/mo monthly cash flow. Total monthly income runs $1,706/mo, and a $1,221/mo payment keeps the spread at $61/mo. Purchase price stands at $249,500, and rental yield measures 8.21% with $1,706/mo rent. Return on cash invested shows 20.79% in year one, and 5% annual appreciation builds toward $68,932 over five years. Five-year ROI reaches 108.11% and total cumulative return in cash records $89,421. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,706/mo property income covering a $1,221/mo payment rather than investor’s personal income.
Single Family
Built in 1968
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49246, Horton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,567 (100%) |
| Owner Occupied HU | 1,277 (81.5%) |
| Renter Occupied HU | 77 ( 4.9%) |
| Vacant Housing Units | 213 (13.6%) |
| Median Home Value | $252,879 |
| Average Home Value | $314,839 |
Housing Distribution
Address Breakdown
Residential
1,348
Single Family
1,348
Multi-Family
0
Businesses
35
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