621 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
Investment property for sale in Dexter at 621 Woodland Dr, Dexter, MI, 48130 listed at $374,500 pairs $2,467/mo rent with a $1,833/mo payment. Total monthly income runs $2,467/mo. Return on cash invested measures 19.88% in year one, and rental yield registers 7.9% at a $374,500 basis. Equity gained on principal adds $2,417/yr, and annual property appreciation at 5% supports $103,467 by year five. Five-year ROI tracks 103.25% and total cumulative return in cash totals $128,186. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,467/mo property income relative to a $1,833/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2024
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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