6290 Quail Ridge LnDimondaleMI48821
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
Investment property for sale in Dimondale at 6290 Quail Ridge Ln, Dimondale, MI, 48821 listed at $484,900 pairs $3,392/mo rent with a $2,373/mo payment to leave $195/mo cash flow. Total monthly income runs $3,392/mo, and annual cash flow reaches $2,336/yr on $160,744 cash to close. Return on cash invested measures 21.36% in year one, and rental yield registers 8.39% at a $484,900 basis. Equity gained on principal adds $3,129/yr, and annual property appreciation at 5% supports $133,969 by year five. Five-year ROI tracks 111.17% and total cumulative return in cash totals $178,699. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,392/mo property income relative to a $2,373/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
3.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48821, Dimondale, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,641 (100%) |
| Owner Occupied HU | 2,330 (88.2%) |
| Renter Occupied HU | 231 ( 8.7%) |
| Vacant Housing Units | 80 ( 3.0%) |
| Median Home Value | $270,379 |
| Average Home Value | $283,974 |
Housing Distribution
Address Breakdown
Residential
2,446
Single Family
2,030
Multi-Family
416
Businesses
122
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices