60 S Hurd RdOxfordMI48371
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 Oxford at 60 S Hurd Rd, Oxford, MI, 48371 offers a 11.31% rental yield on a $335,500 purchase with $3,161/mo rent. Total monthly income registers $3,161/mo, and a $1,642/mo payment leaves $949/mo available for distribution. Annual cash flow reaches $11,384/yr on $111,218 to close, and return on cash invested stands at 30.14% in year one. Equity gained on principal adds $2,165/yr while 5% annual appreciation supports $92,692 over five years. Portfolio math shows five-year ROI at 158.27% and total cumulative return in cash at $176,025. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,161/mo property income against a $1,642/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
2.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48371, Oxford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,091 (100%) |
| Owner Occupied HU | 8,375 (83.0%) |
| Renter Occupied HU | 1,402 (13.9%) |
| Vacant Housing Units | 314 ( 3.1%) |
| Median Home Value | $387,853 |
| Average Home Value | $429,399 |
Housing Distribution
Address Breakdown
Residential
9,948
Single Family
9,091
Multi-Family
857
Businesses
641
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Listed by: Nagib Zindani • KW Platinum
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50151448
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