59493 Tonester CirNew HudsonMI48165
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 New Hudson at 59493 Tonester Cir, New Hudson, MI, 48165 generates $3,332/mo in rent and, after a $2,105/mo payment, leaves $496/mo in cash flow. Total monthly income is $3,332/mo, and annual cash flow is $5,952/yr on $142,545 invested. Return on cash invested sits at 24.08% in year one, and rental yield is 9.3% on a $430,000 entry. Equity gained on principal adds $2,775/yr, while 5% annual appreciation builds toward $118,801 over five years. Five-year ROI reaches 125.76% and total cumulative return in cash sums $179,259. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,332/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48165, New Hudson, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,765 (100%) |
| Owner Occupied HU | 2,780 (73.8%) |
| Renter Occupied HU | 866 (23.0%) |
| Vacant Housing Units | 119 ( 3.2%) |
| Median Home Value | $419,069 |
| Average Home Value | $425,251 |
Housing Distribution
Address Breakdown
Residential
3,795
Single Family
2,799
Multi-Family
996
Businesses
304
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Nearby investment properties with comparable prices
Listed by: Sarah Figurski • Century 21 Curran & Oberski
Mls Name: MichRIC
Mls Provider:
Mls ID: #25013527
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.