6202 Neilson RdDavisburgMI48350
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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
Investment property for sale in Davisburg at 6202 Neilson Rd, Davisburg, MI, 48350 offers a 8.04% rental yield on a $230,000 purchase with $1,541/mo rent. Total monthly income registers $1,541/mo, and a $1,126/mo payment leaves $24/mo available for distribution. Annual cash flow reaches $288/yr on $76,245 to close, and return on cash invested stands at 20.29% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,545 over five years. Portfolio math shows five-year ROI at 105.4% and total cumulative return in cash at $80,359. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,541/mo property income against a $1,126/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48350, Davisburg, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,266 (100%) |
| Owner Occupied HU | 2,738 (83.8%) |
| Renter Occupied HU | 416 (12.7%) |
| Vacant Housing Units | 112 ( 3.4%) |
| Median Home Value | $385,109 |
| Average Home Value | $402,449 |
Housing Distribution
Address Breakdown
Residential
2,975
Single Family
2,975
Multi-Family
0
Businesses
134
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