6861 E Meinert RdHoltonMI49425
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 Holton at 6861 E Meinert Rd, Holton, MI, 49425 priced at $482,000 pairs $4,364/mo rent with $1,186/mo cash flow after a $2,359/mo payment. Total monthly income equals $4,364/mo, and annual cash flow comes to $14,227/yr on $159,783 invested. Return on cash invested is 28.81% in year one, and rental yield stands at 10.86% on a $482,000 basis. Equity gained on principal adds $3,110/yr, and 5% annual appreciation accumulates to $133,168 by year five. Five-year ROI measures 151.13% and total cumulative return in cash reaches $241,472. For financing, Ziffy Mortgage’s DSCR program evaluates $4,364/mo property income against a $2,359/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1800
2.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49425, Holton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,499 (100%) |
| Owner Occupied HU | 1,163 (77.6%) |
| Renter Occupied HU | 140 ( 9.3%) |
| Vacant Housing Units | 196 (13.1%) |
| Median Home Value | $252,626 |
| Average Home Value | $279,770 |
Housing Distribution
Address Breakdown
Residential
1,372
Single Family
1,372
Multi-Family
0
Businesses
57
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices