61995 Mount Vernon RdWashingtonMI48094
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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
Total monthly income runs $3,899/mo, and a $3,177/mo payment. Purchase price stands at $649,000, and rental yield measures 7.21% with $3,899/mo rent. Return on cash invested shows 17.92% in year one, and 5% annual appreciation builds toward $179,307 over five years. Five-year ROI reaches 92.66% and total cumulative return in cash records $197,856. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,899/mo property income covering a $3,177/mo payment rather than investor’s personal income.
Single Family
Built in 1957
3.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48094, Washington, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,429 (100%) |
| Owner Occupied HU | 6,873 (81.5%) |
| Renter Occupied HU | 1,262 (15.0%) |
| Vacant Housing Units | 294 ( 3.5%) |
| Median Home Value | $424,158 |
| Average Home Value | $437,504 |
Housing Distribution
Address Breakdown
Residential
8,653
Single Family
7,588
Multi-Family
1,065
Businesses
429
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Listed by: Holly Hohnholt • Berkshire Hathaway HomeServices Kee Realty
Mls Name: Realcomp II
Mls ID: #20251044967