6031 Oak Creek DrSwartz CreekMI48473
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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 Swartz Creek at 6031 Oak Creek Dr, Swartz Creek, MI, 48473 uses $79,527 cash to close to unlock $8,102/yr annual cash flow and $675/mo monthly cash flow. Total monthly income runs $2,257/mo, and a $1,174/mo payment keeps the spread at $675/mo. Purchase price stands at $239,900, and rental yield measures 11.29% with $2,257/mo rent. Return on cash invested shows 30.1% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 158.05% and total cumulative return in cash records $125,695. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,257/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 1990
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48473, Swartz Creek, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,182 (100%) |
| Owner Occupied HU | 7,490 (81.6%) |
| Renter Occupied HU | 1,357 (14.8%) |
| Vacant Housing Units | 335 ( 3.6%) |
| Median Home Value | $226,477 |
| Average Home Value | $241,027 |
Housing Distribution
Address Breakdown
Residential
9,444
Single Family
8,912
Multi-Family
532
Businesses
349
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Listed by: Tyler Richards • Red Fox Realty LLC
Mls Name: Realcomp II
Mls ID: #20251038465