611 Woodland DrDexterMI48130
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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 Dexter at 611 Woodland Dr, Dexter, MI, 48130 priced at $362,500 pairs $2,666/mo rent with $276/mo cash flow after a $1,774/mo payment. Total monthly income equals $2,666/mo, and annual cash flow comes to $3,309/yr on $120,169 invested. Return on cash invested is 22.66% in year one, and rental yield stands at 8.83% on a $362,500 basis. Equity gained on principal adds $2,339/yr, and 5% annual appreciation accumulates to $100,152 by year five. Five-year ROI measures 118.14% and total cumulative return in cash reaches $141,962. For financing, Ziffy Mortgage’s DSCR program evaluates $2,666/mo property income against a $1,774/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2019
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48130, Dexter, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,147 (100%) |
| Owner Occupied HU | 5,316 (86.5%) |
| Renter Occupied HU | 586 ( 9.5%) |
| Vacant Housing Units | 245 ( 4.0%) |
| Median Home Value | $464,823 |
| Average Home Value | $515,768 |
Housing Distribution
Address Breakdown
Residential
6,303
Single Family
6,154
Multi-Family
149
Businesses
541
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