6343 Augusta StSwartz CreekMI48473
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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 Swartz Creek at 6343 Augusta St, Swartz Creek, MI, 48473 listed at $269,900 pairs $2,719/mo rent with a $1,321/mo payment to leave $939/mo cash flow. Total monthly income runs $2,719/mo, and annual cash flow reaches $11,270/yr on $89,472 cash to close. Return on cash invested measures 32.51% in year one, and rental yield registers 12.09% at a $269,900 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,568 by year five. Five-year ROI tracks 170.97% and total cumulative return in cash totals $152,970. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,719/mo property income relative to a $1,321/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48473, Swartz Creek, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,182 (100%) |
| Owner Occupied HU | 7,490 (81.6%) |
| Renter Occupied HU | 1,357 (14.8%) |
| Vacant Housing Units | 335 ( 3.6%) |
| Median Home Value | $226,477 |
| Average Home Value | $241,027 |
Housing Distribution
Address Breakdown
Residential
9,444
Single Family
8,912
Multi-Family
532
Businesses
349
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Listed by: Kim Altenritter • RE/MAX Select
Mls Name: Realcomp II
Mls ID: #20251036497