465 Cornerstone DrOxfordMI48371
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
Rental property for sale in Oxford at 465 Cornerstone Dr, Oxford, MI, 48371 priced at $513,400 converts $3,118/mo rent into after a $2,513/mo obligation. Total monthly income equals $3,118/mo. Return on cash invested prints 16.13% in year one, and rental yield reads 7.29% against a $513,400 entry. Equity gained on principal adds $3,313/yr, while 5% annual appreciation compiles into $141,843 by year five. Five-year ROI reaches 83.85% and total cumulative return in cash sums $141,627. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,118/mo property income covering a $2,513/mo payment, not borrower’s personal income.
Condo
Built in 2026
N/A lot
$N/A/sqft
$285 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48371, Oxford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,091 (100%) |
| Owner Occupied HU | 8,375 (83.0%) |
| Renter Occupied HU | 1,402 (13.9%) |
| Vacant Housing Units | 314 ( 3.1%) |
| Median Home Value | $387,853 |
| Average Home Value | $429,399 |
Housing Distribution
Address Breakdown
Residential
9,948
Single Family
9,091
Multi-Family
857
Businesses
641
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices