6863 Wellington DrDexterMI48130
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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 Dexter at 6863 Wellington Dr, Dexter, MI, 48130 with 5% annual appreciation on a $475,000 basis while $2,716/mo rent supports operations. 53% in year one. Equity gained on principal adds $3,065/yr, and five-year appreciation sums $131,234 alongside rental yield of 6.86%. Five-year ROI measures 85.37% and total cumulative return in cash totals $134,419. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,716/mo property income versus a $2,325/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
0.26 Acres lot
$N/A/sqft
$315 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48130, Dexter, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,147 (100%) |
| Owner Occupied HU | 5,316 (86.5%) |
| Renter Occupied HU | 586 ( 9.5%) |
| Vacant Housing Units | 245 ( 4.0%) |
| Median Home Value | $464,823 |
| Average Home Value | $515,768 |
Housing Distribution
Address Breakdown
Residential
6,303
Single Family
6,154
Multi-Family
149
Businesses
541
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