6128 M 63 NColomaMI49038
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $1,780/mo, and a $2,619/mo payment. Purchase price stands at $535,000, and rental yield measures 3.99% with $1,780/mo rent. Return on cash invested shows 8.14% in year one, and 5% annual appreciation builds toward $147,811 over five years. Five-year ROI reaches 40.25% and total cumulative return in cash records $70,840. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,780/mo property income covering a $2,619/mo payment rather than investor’s personal income.
Multi Family
Built in 1952
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49038, Coloma, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,920 (100%) |
| Owner Occupied HU | 2,972 (60.4%) |
| Renter Occupied HU | 747 (15.2%) |
| Vacant Housing Units | 1,201 (24.4%) |
| Median Home Value | $225,884 |
| Average Home Value | $297,148 |
Housing Distribution
Address Breakdown
Residential
4,279
Single Family
4,279
Multi-Family
0
Businesses
233
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices