608 Arboretum DrFremontMI49412
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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 Fremont at 608 Arboretum Dr, Fremont, MI, 49412 priced at $385,000 converts $2,837/mo rent into $299/mo cash flow after a $1,884/mo obligation. Total monthly income equals $2,837/mo, and annual cash flow totals $3,582/yr on $127,628 invested. Return on cash invested prints 22.72% in year one, and rental yield reads 8.84% against a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation compiles into $106,368 by year five. Five-year ROI reaches 118.43% and total cumulative return in cash sums $151,150. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,837/mo property income covering a $1,884/mo payment, not borrower’s personal income.
Single Family
Built in 1979
0.60 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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