458 Amity LnDouglasMI49406
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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 Douglas at 458 Amity Ln, Douglas, MI, 49406 earns from $2,872/mo rent with a $2,374/mo payment. Total monthly income totals $2,872/mo. ROI tracks 15.61% on current figures, and rental yield reads 7.11% at a $485,000 purchase. Equity gained on principal adds $3,130/yr, and 5% annual appreciation supports $133,997 over five years. Five-year ROI reaches 80.99% and total cumulative return in cash sums $130,214. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,872/mo property income instead of your personal income.
Condo
Built in 1996
N/A lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49406, Douglas, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 950 (100%) |
| Owner Occupied HU | 532 (56.0%) |
| Renter Occupied HU | 87 ( 9.2%) |
| Vacant Housing Units | 331 (34.8%) |
| Median Home Value | $398,734 |
| Average Home Value | $557,721 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
158
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