509 Coventry Cres, Dexter, MI, 48130 | $233/mo Cash Flow

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Dexter at 509 Coventry Cres, Dexter, MI, 48130 generates $2,798/mo in rent and, after a $1,884/mo payment, leaves $233/mo in cash flow. Total monthly income is $2,798/mo, and annual cash flow is $2,799/yr on $127,628 invested. Return on cash invested sits at 22.1% in year one, and rental yield is 8.72% on a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 115.24% and total cumulative return in cash sums $147,082. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,798/mo property income rather than buyer’s personal income.

Single Family

Built in 2009

0.26 Acres lot

$N/A/sqft

$315 annually HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48130, Dexter, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,147 (100%)
Owner Occupied HU	5,316 (86.5%)
Renter Occupied HU	586 ( 9.5%)
Vacant Housing Units	245 ( 4.0%)
Median Home Value	$464,823
Average Home Value	$515,768