62915 Chubb RdRayMI48096
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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 Ray at 62915 Chubb Rd, Ray, MI, 48096 earns from $2,100/mo rent with a $2,031/mo payment. Total monthly income totals $2,100/mo. ROI tracks 14.36% on current figures, and rental yield reads 6.07% at a $414,900 purchase. Equity gained on principal adds $2,677/yr, and 5% annual appreciation supports $114,629 over five years. Five-year ROI reaches 73.61% and total cumulative return in cash sums $101,246. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,100/mo property income instead of your personal income.
Single Family
Built in 2001
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48096, Ray, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,535 (100%) |
| Owner Occupied HU | 1,360 (88.6%) |
| Renter Occupied HU | 111 ( 7.2%) |
| Vacant Housing Units | 64 ( 4.2%) |
| Median Home Value | $456,383 |
| Average Home Value | $487,943 |
Housing Distribution
Address Breakdown
Residential
1,560
Single Family
1,560
Multi-Family
0
Businesses
59
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