5058 Glendurgan CtHoltMI48842
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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
Rental property for sale in Holt at 5058 Glendurgan Ct, Holt, MI, 48842 priced at $319,900 converts $2,287/mo rent into after a $1,566/mo obligation. Total monthly income equals $2,287/mo. Return on cash invested prints 19.36% in year one, and rental yield reads 8.58% against a $319,900 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation compiles into $88,382 by year five. Five-year ROI reaches 101.37% and total cumulative return in cash sums $107,504. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,287/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Single Family
Built in 2003
0.29 Acres lot
$N/A/sqft
$271 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48842, Holt, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,767 (100%) |
| Owner Occupied HU | 6,777 (69.4%) |
| Renter Occupied HU | 2,574 (26.4%) |
| Vacant Housing Units | 416 ( 4.3%) |
| Median Home Value | $223,975 |
| Average Home Value | $230,312 |
Housing Distribution
Address Breakdown
Residential
9,669
Single Family
8,687
Multi-Family
982
Businesses
489
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