6940 E Deckerville RdDefordMI48729
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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 Deford at 6940 E Deckerville Rd, Deford, MI, 48729 uses $53,007 cash to close to unlock $4,922/yr annual cash flow and $410/mo monthly cash flow. Total monthly income runs $1,465/mo, and a $783/mo payment keeps the spread at $410/mo. Purchase price stands at $159,900, and rental yield measures 10.99% with $1,465/mo rent. Return on cash invested shows 29.19% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 153.23% and total cumulative return in cash records $81,222. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,465/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48729, Deford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 700 (100%) |
| Owner Occupied HU | 533 (76.1%) |
| Renter Occupied HU | 64 ( 9.1%) |
| Vacant Housing Units | 103 (14.7%) |
| Median Home Value | $184,511 |
| Average Home Value | $202,111 |
Housing Distribution
Address Breakdown
Residential
566
Single Family
566
Multi-Family
0
Businesses
8
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