6386 E Peavey StWalkervilleMI49459
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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
Total monthly income runs $1,655/mo, and a $1,713/mo payment. Purchase price stands at $349,900, and rental yield measures 5.68% with $1,655/mo rent. Return on cash invested shows 13.16% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 67.19% and total cumulative return in cash records $77,934. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,655/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1996
1.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49459, Walkerville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 899 (100%) |
| Owner Occupied HU | 459 (51.1%) |
| Renter Occupied HU | 83 ( 9.2%) |
| Vacant Housing Units | 357 (39.7%) |
| Median Home Value | $173,264 |
| Average Home Value | $208,083 |
Housing Distribution
Address Breakdown
Residential
589
Single Family
589
Multi-Family
0
Businesses
18
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Listed by: Diana Carol Cain • RE/MAX West
Mls Name: MichRIC
Mls ID: #25032227