6101 N Caris RdVestaburgMI48891
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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 Vestaburg at 6101 N Caris Rd, Vestaburg, MI, 48891 generates $1,661/mo in rent and, after a $832/mo payment, leaves $540/mo in cash flow. Total monthly income is $1,661/mo, and annual cash flow is $6,480/yr on $56,355 invested. Return on cash invested sits at 31.41% in year one, and rental yield is 11.72% on a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 165.02% and total cumulative return in cash sums $92,997. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,661/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48891, Vestaburg, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,310 (100%) |
| Owner Occupied HU | 1,009 (77.0%) |
| Renter Occupied HU | 154 (11.8%) |
| Vacant Housing Units | 147 (11.2%) |
| Median Home Value | $200,896 |
| Average Home Value | $211,843 |
Housing Distribution
Address Breakdown
Residential
1,147
Single Family
1,147
Multi-Family
0
Businesses
48
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