6853 N Caris RdVestaburgMI48891
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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 Vestaburg at 6853 N Caris Rd, Vestaburg, MI, 48891 with 5% annual appreciation on a $175,000 basis while $1,352/mo rent supports operations. Total monthly income totals $1,352/mo and a $857/mo payment preserves $198/mo for cash returns. Annual cash flow comes to $2,370/yr on $58,013 deployed, and return on cash invested reaches 23.99% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,349 alongside rental yield of 9.27%. Five-year ROI measures 125.3% and total cumulative return in cash totals $72,691.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,352/mo property income versus a $857/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1957
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48891, Vestaburg, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,310 (100%) |
| Owner Occupied HU | 1,009 (77.0%) |
| Renter Occupied HU | 154 (11.8%) |
| Vacant Housing Units | 147 (11.2%) |
| Median Home Value | $200,896 |
| Average Home Value | $211,843 |
Housing Distribution
Address Breakdown
Residential
1,147
Single Family
1,147
Multi-Family
0
Businesses
48
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