66012 Emma LnVandaliaMI49095
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 Vandalia at 66012 Emma Ln, Vandalia, MI, 49095 offers a 11.83% rental yield on a $199,100 purchase with $1,963/mo rent. Total monthly income registers $1,963/mo, and a $975/mo payment leaves $651/mo available for distribution. Annual cash flow reaches $7,806/yr on $66,002 to close, and return on cash invested stands at 31.74% in year one. Equity gained on principal adds $1,285/yr while 5% annual appreciation supports $55,008 over five years. Portfolio math shows five-year ROI at 166.83% and total cumulative return in cash at $110,113. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,963/mo property income against a $975/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49095, Vandalia, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,525 (100%) |
| Owner Occupied HU | 855 (56.1%) |
| Renter Occupied HU | 174 (11.4%) |
| Vacant Housing Units | 496 (32.5%) |
| Median Home Value | $275,586 |
| Average Home Value | $359,711 |
Housing Distribution
Address Breakdown
Residential
760
Single Family
760
Multi-Family
0
Businesses
26
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