563 Metcalf DrImlay CityMI48444
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 Imlay City at 563 Metcalf Dr, Imlay City, MI, 48444 generates $2,021/mo in rent and, after a $1,224/mo payment, leaves $372/mo in cash flow. Total monthly income is $2,021/mo, and annual cash flow is $4,464/yr on $82,875 invested. Return on cash invested sits at 25.3% in year one, and rental yield is 9.7% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 132.25% and total cumulative return in cash sums $109,606. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,021/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48444, Imlay City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,954 (100%) |
| Owner Occupied HU | 2,921 (73.9%) |
| Renter Occupied HU | 804 (20.3%) |
| Vacant Housing Units | 229 ( 5.8%) |
| Median Home Value | $235,530 |
| Average Home Value | $255,605 |
Housing Distribution
Address Breakdown
Residential
3,871
Single Family
3,444
Multi-Family
427
Businesses
378
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lawrence Weymouth • Keller Williams Realty Lakeside
Mls Name: MiRealSource
Mls ID: #50193110