469 Corinth CirDundeeMI48131
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 Dundee at 469 Corinth Cir, Dundee, MI, 48131 generates $3,154/mo in rent and, after a $2,202/mo payment, leaves $187/mo in cash flow. Total monthly income is $3,154/mo, and annual cash flow is $2,246/yr on $149,142 invested. Return on cash invested sits at 21.41% in year one, and rental yield is 8.41% on a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 111.47% and total cumulative return in cash sums $166,246. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,154/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48131, Dundee, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,596 (100%) |
| Owner Occupied HU | 2,487 (69.2%) |
| Renter Occupied HU | 970 (27.0%) |
| Vacant Housing Units | 139 ( 3.9%) |
| Median Home Value | $311,953 |
| Average Home Value | $319,312 |
Housing Distribution
Address Breakdown
Residential
3,577
Single Family
3,252
Multi-Family
325
Businesses
241
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices