621 Dellinger DrCharlotteMI48813
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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 Charlotte at 621 Dellinger Dr, Charlotte, MI, 48813 with 5% annual appreciation on a $332,500 basis while $2,956/mo rent supports operations. Total monthly income totals $2,956/mo and a $1,627/mo payment preserves $764/mo for cash returns. Annual cash flow comes to $9,165/yr on $110,224 deployed, and return on cash invested reaches 28.22% in year one. Equity gained on principal adds $2,146/yr, and five-year appreciation sums $91,864 alongside rental yield of 10.67%. Five-year ROI measures 147.96% and total cumulative return in cash totals $163,084.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,956/mo property income versus a $1,627/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48813, Charlotte, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,757 (100%) |
| Owner Occupied HU | 6,674 (76.2%) |
| Renter Occupied HU | 1,648 (18.8%) |
| Vacant Housing Units | 435 ( 5.0%) |
| Median Home Value | $238,833 |
| Average Home Value | $262,106 |
Housing Distribution
Address Breakdown
Residential
8,672
Single Family
8,161
Multi-Family
511
Businesses
621
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