6021 S Fitzgerald AveFremontMI49412
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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
Investment property for sale in Fremont at 6021 S Fitzgerald Ave, Fremont, MI, 49412 uses $56,322 cash to close to unlock $2,246/yr annual cash flow and $187/mo monthly cash flow. Total monthly income runs $1,308/mo, and a $832/mo payment keeps the spread at $187/mo. Purchase price stands at $169,900, and rental yield measures 9.24% with $1,308/mo rent. Return on cash invested shows 23.9% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 124.84% and total cumulative return in cash records $70,310. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,308/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1920
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49412, Fremont, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,254 (100%) |
| Owner Occupied HU | 3,886 (74.0%) |
| Renter Occupied HU | 827 (15.7%) |
| Vacant Housing Units | 541 (10.3%) |
| Median Home Value | $218,545 |
| Average Home Value | $256,878 |
Housing Distribution
Address Breakdown
Residential
4,810
Single Family
4,578
Multi-Family
232
Businesses
423
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