6920 Snover RdDeckerMI48426
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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 Decker at 6920 Snover Rd, Decker, MI, 48426 earns $717/mo cash flow from $1,616/mo rent with a $667/mo payment. Total monthly income totals $1,616/mo, and annual cash flow totals $8,610/yr on $45,150 capital. ROI tracks 38.98% on current figures, and rental yield reads 14.24% at a $136,200 purchase. Equity gained on principal adds $879/yr, and 5% annual appreciation supports $37,630 over five years. Five-year ROI reaches 205.7% and total cumulative return in cash sums $92,873. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,616/mo property income instead of your personal income.
Single Family
Built in 1930
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48426, Decker, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 446 (100%) |
| Owner Occupied HU | 333 (74.7%) |
| Renter Occupied HU | 46 (10.3%) |
| Vacant Housing Units | 67 (15.0%) |
| Median Home Value | $250,521 |
| Average Home Value | $314,722 |
Housing Distribution
Address Breakdown
Residential
373
Single Family
373
Multi-Family
0
Businesses
9
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