6018 Augusta CtHollyMI48442
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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 Holly at 6018 Augusta Ct, Holly, MI, 48442 generates $1,907/mo in rent, after a $1,341/mo payment. Total monthly income is $1,907/mo. Return on cash invested sits at 15.82% in year one, and rental yield is 8.35% on a $274,000 entry. Equity gained on principal adds $1,768/yr, while 5% annual appreciation builds toward $75,701 over five years. Five-year ROI reaches 83.43% and total cumulative return in cash sums $75,777. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,907/mo property income rather than buyer’s personal income.
Condo
Built in 2005
16.73 Acres lot
$N/A/sqft
$410 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48442, Holly, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,096 (100%) |
| Owner Occupied HU | 7,034 (77.3%) |
| Renter Occupied HU | 1,556 (17.1%) |
| Vacant Housing Units | 506 ( 5.6%) |
| Median Home Value | $310,863 |
| Average Home Value | $354,438 |
Housing Distribution
Address Breakdown
Residential
9,091
Single Family
8,905
Multi-Family
186
Businesses
416
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