5883 Thistlewood AveScottsMI49088
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 Scotts at 5883 Thistlewood Ave, Scotts, MI, 49088 offers $1,941/mo rent that, after a $1,640/mo payment. Total monthly income is $1,941/mo. Return on cash invested measures 17.01% in year one, and rental yield stands at 6.95% at a $335,000 entry. Equity gained on principal adds $2,162/yr while 5% annual appreciation compounds into $92,554 by year five. Five-year ROI records 87.83% and total cumulative return in cash reaches $97,532. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,941/mo property income versus a $1,640/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49088, Scotts, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,352 (100%) |
| Owner Occupied HU | 1,201 (88.8%) |
| Renter Occupied HU | 93 ( 6.9%) |
| Vacant Housing Units | 58 ( 4.3%) |
| Median Home Value | $311,851 |
| Average Home Value | $365,633 |
Housing Distribution
Address Breakdown
Residential
1,455
Single Family
1,455
Multi-Family
0
Businesses
17
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