57714 Abraham DrWashingtonMI48094
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 Washington at 57714 Abraham Dr, Washington, MI, 48094 offers a 8.23% rental yield on a $479,900 purchase with $3,292/mo rent. Total monthly income registers $3,292/mo, and a $2,349/mo payment leaves $127/mo available for distribution. Annual cash flow reaches $1,526/yr on $159,087 to close, and return on cash invested stands at 20.87% in year one. Equity gained on principal adds $3,097/yr while 5% annual appreciation supports $132,588 over five years. Portfolio math shows five-year ROI at 108.54% and total cumulative return in cash at $172,665. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,292/mo property income against a $2,349/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48094, Washington, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,429 (100%) |
| Owner Occupied HU | 6,873 (81.5%) |
| Renter Occupied HU | 1,262 (15.0%) |
| Vacant Housing Units | 294 ( 3.5%) |
| Median Home Value | $424,158 |
| Average Home Value | $437,504 |
Housing Distribution
Address Breakdown
Residential
8,653
Single Family
7,588
Multi-Family
1,065
Businesses
429
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Listed by: Danelle Munro • Keller Williams Paint Creek
Mls Name: MiRealSource
Mls ID: #50196828