55638 Oak Pointe DrUticaMI48315
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
Investment property for sale in Utica at 55638 Oak Pointe Dr, Utica, MI, 48315 earns from $3,365/mo rent with a $2,760/mo payment. Total monthly income totals $3,365/mo. ROI tracks 17.77% on current figures, and rental yield reads 7.16% at a $563,900 purchase. Equity gained on principal adds $3,639/yr, and 5% annual appreciation supports $155,795 over five years. Five-year ROI reaches 91.9% and total cumulative return in cash sums $170,502. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,365/mo property income instead of your personal income.
Condo
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48315, Utica, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,660 (100%) |
| Owner Occupied HU | 9,734 (83.5%) |
| Renter Occupied HU | 1,562 (13.4%) |
| Vacant Housing Units | 364 ( 3.1%) |
| Median Home Value | $387,075 |
| Average Home Value | $384,918 |
Housing Distribution
Address Breakdown
Residential
11,656
Single Family
11,075
Multi-Family
581
Businesses
1,095
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices