4632 N Michigan Rd #R-1DimondaleMI48821
Nearby investment properties with comparable rents
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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 Dimondale at 4632 N Michigan Rd #R-1, Dimondale, MI, 48821 earns $145/mo cash flow from $1,793/mo rent with a $1,223/mo payment. Total monthly income totals $1,793/mo, and annual cash flow totals $1,742/yr on $82,842 capital. ROI tracks 22.01% on current figures, and rental yield reads 8.61% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 114.71% and total cumulative return in cash sums $95,030. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,793/mo property income instead of your personal income.
Single Family
Built in 1950
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48821, Dimondale, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,641 (100%) |
| Owner Occupied HU | 2,330 (88.2%) |
| Renter Occupied HU | 231 ( 8.7%) |
| Vacant Housing Units | 80 ( 3.0%) |
| Median Home Value | $270,379 |
| Average Home Value | $283,974 |
Housing Distribution
Address Breakdown
Residential
2,446
Single Family
2,030
Multi-Family
416
Businesses
122
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Listed by: Ray Kruch • Real Estate One 1st
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #286896
Disclaimer: IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2025 Greater Lansing Association of REALTORS