66301 Campground RdWashingtonMI48095
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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
Rental property for sale in Washington at 66301 Campground Rd, Washington, MI, 48095 generates $3,448/mo in rent, after a $3,179/mo payment. Total monthly income is $3,448/mo. Return on cash invested sits at 15.37% in year one, and rental yield is 6.37% on a $649,500 entry. Equity gained on principal adds $4,191/yr, while 5% annual appreciation builds toward $179,445 over five years. Five-year ROI reaches 79.01% and total cumulative return in cash sums $168,829. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,448/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
9.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48095, Washington, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,092 (100%) |
| Owner Occupied HU | 1,908 (91.2%) |
| Renter Occupied HU | 111 ( 5.3%) |
| Vacant Housing Units | 73 ( 3.5%) |
| Median Home Value | $452,250 |
| Average Home Value | $489,477 |
Housing Distribution
Address Breakdown
Residential
2,131
Single Family
2,131
Multi-Family
0
Businesses
203
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Listed by: Frank Mancuso III • Real Estate One Inc -SCS
Mls Name: MiRealSource
Mls ID: #50189636