4680 Fitzpatrick RdHillsdaleMI49242
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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 Hillsdale at 4680 Fitzpatrick Rd, Hillsdale, MI, 49242 offers a 5.65% rental yield on a $700,000 purchase with $3,298/mo rent. 19% in year one. Equity gained on principal adds $4,517/yr while 5% annual appreciation supports $193,397 over five years. Portfolio math shows five-year ROI at 67.32% and total cumulative return in cash at $155,044. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,298/mo property income against a $3,426/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1923
143.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49242, Hillsdale, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,762 (100%) |
| Owner Occupied HU | 4,061 (60.1%) |
| Renter Occupied HU | 1,845 (27.3%) |
| Vacant Housing Units | 856 (12.7%) |
| Median Home Value | $196,324 |
| Average Home Value | $226,490 |
Housing Distribution
Address Breakdown
Residential
6,129
Single Family
5,552
Multi-Family
577
Businesses
570
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