6629 East RdThree OaksMI49128
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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 $2,926/mo, and a $3,181/mo payment. Purchase price stands at $650,000, and rental yield measures 5.4% with $2,926/mo rent. Return on cash invested shows 12.43% in year one, and 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 63.22% and total cumulative return in cash records $135,194. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,926/mo property income covering a $3,181/mo payment rather than investor’s personal income.
Single Family
Built in 1950
36.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49128, Three Oaks, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,088 (100%) |
| Owner Occupied HU | 1,284 (61.5%) |
| Renter Occupied HU | 234 (11.2%) |
| Vacant Housing Units | 570 (27.3%) |
| Median Home Value | $319,149 |
| Average Home Value | $402,960 |
Housing Distribution
Address Breakdown
Residential
1,742
Single Family
1,701
Multi-Family
41
Businesses
112
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Listed by: Amy Neal • @properties Christie's International R.E.
Mls Name: MichRIC
Mls ID: #25059818