6516 Oak StTaylorMI48180
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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 Taylor at 6516 Oak St, Taylor, MI, 48180 uses $44,751 cash to close to unlock $1,962/yr annual cash flow and $164/mo monthly cash flow. Total monthly income runs $1,054/mo, and a $661/mo payment keeps the spread at $164/mo. Purchase price stands at $134,995, and rental yield measures 9.37% with $1,054/mo rent. Return on cash invested shows 24.29% in year one, and 5% annual appreciation builds toward $37,297 over five years. Five-year ROI reaches 126.94% and total cumulative return in cash records $56,807. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,054/mo property income covering a $661/mo payment rather than investor’s personal income.
Single Family
Built in 1966
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48180, Taylor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,679 (100%) |
| Owner Occupied HU | 17,077 (64.0%) |
| Renter Occupied HU | 8,636 (32.4%) |
| Vacant Housing Units | 966 ( 3.6%) |
| Median Home Value | $164,884 |
| Average Home Value | $204,436 |
Housing Distribution
Address Breakdown
Residential
26,247
Single Family
25,187
Multi-Family
1,060
Businesses
1,727
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