604 Launch Point DrPerryMI48872
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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 Perry at 604 Launch Point Dr, Perry, MI, 48872 priced at $461,500 pairs $1,079/mo rent with after a $2,259/mo payment. Total monthly income equals $1,079/mo. Return on cash invested is 4.5% in year one, and rental yield stands at 2.81% on a $461,500 basis. Equity gained on principal adds $2,978/yr, and 5% annual appreciation accumulates to $127,504 by year five. Five-year ROI measures 20.75% and total cumulative return in cash reaches $31,744. For financing, Ziffy Mortgage’s DSCR program evaluates $1,079/mo property income against a $2,259/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48872, Perry, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,016 (100%) |
| Owner Occupied HU | 2,444 (81.0%) |
| Renter Occupied HU | 437 (14.5%) |
| Vacant Housing Units | 135 ( 4.5%) |
| Median Home Value | $255,785 |
| Average Home Value | $276,841 |
Housing Distribution
Address Breakdown
Residential
2,885
Single Family
2,885
Multi-Family
0
Businesses
106
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