4606 S Bill RdDurandMI48429
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
Investment property for sale in Durand at 4606 S Bill Rd, Durand, MI, 48429 uses $79,229 cash to close to unlock $7,148/yr annual cash flow and $596/mo monthly cash flow. Total monthly income runs $2,172/mo, and a $1,170/mo payment keeps the spread at $596/mo. Purchase price stands at $239,000, and rental yield measures 10.91% with $2,172/mo rent. Return on cash invested shows 28.93% in year one, and 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 151.76% and total cumulative return in cash records $120,240. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,172/mo property income covering a $1,170/mo payment rather than investor’s personal income.
Single Family
Built in 1987
3.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48429, Durand, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,085 (100%) |
| Owner Occupied HU | 3,038 (74.4%) |
| Renter Occupied HU | 814 (19.9%) |
| Vacant Housing Units | 233 ( 5.7%) |
| Median Home Value | $171,859 |
| Average Home Value | $202,854 |
Housing Distribution
Address Breakdown
Residential
3,836
Single Family
3,662
Multi-Family
174
Businesses
195
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices