684 Countryside DrChelseaMI48118
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
Rental property for sale in Chelsea at 684 Countryside Dr, Chelsea, MI, 48118 offers $2,610/mo rent that, after a $2,350/mo payment. Total monthly income is $2,610/mo. Return on cash invested measures 15.4% in year one, and rental yield stands at 6.52% at a $480,095 entry. Equity gained on principal adds $3,098/yr while 5% annual appreciation compounds into $132,641 by year five. Five-year ROI records 79.3% and total cumulative return in cash reaches $126,202. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,610/mo property income versus a $2,350/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
7,500 sqft lot
$N/A/sqft
$42 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48118, Chelsea, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,643 (100%) |
| Owner Occupied HU | 4,566 (80.9%) |
| Renter Occupied HU | 713 (12.6%) |
| Vacant Housing Units | 364 ( 6.5%) |
| Median Home Value | $387,800 |
| Average Home Value | $457,408 |
Housing Distribution
Address Breakdown
Residential
5,786
Single Family
5,385
Multi-Family
401
Businesses
575
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Suzanne Borowski • M/I Homes of Michigan, LLC
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20251039982
Disclaimer: IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2025 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The data relating to real estate properties on this website was last updated as recently as 2025-12-20 03:03:44 PST Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR- Lauren Buttazzoni - (313) 479-2702