600 Oakville Waltz RdNew BostonMI48164
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 New Boston at 600 Oakville Waltz Rd, New Boston, MI, 48164 at $295,000 posts ROI 25.93% with $491/mo cash flow from $2,436/mo rent. Total monthly income equals $2,436/mo, and annual cash flow records $5,886/yr on $97,793 to close. Return on cash invested measures 25.93% and rental yield reads 9.91% at the current $295,000. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 by year five. Five-year ROI prints 135.67% and total cumulative return in cash totals $132,674.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,436/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1986
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48164, New Boston, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,650 (100%) |
| Owner Occupied HU | 3,244 (88.9%) |
| Renter Occupied HU | 275 ( 7.5%) |
| Vacant Housing Units | 131 ( 3.6%) |
| Median Home Value | $331,699 |
| Average Home Value | $334,306 |
Housing Distribution
Address Breakdown
Residential
3,822
Single Family
3,822
Multi-Family
0
Businesses
197
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Nearby investment properties with comparable prices
Listed by: Dan Berry • Four Seasons Realty Dan Berry Group
Mls Name: Realcomp II
Mls ID: #20251033252