6961 Shoreline DrDeltonMI49046
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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
Rental property for sale in Delton at 6961 Shoreline Dr, Delton, MI, 49046 generates $2,636/mo in rent and, after a $1,419/mo payment, leaves $724/mo in cash flow. Total monthly income is $2,636/mo, and annual cash flow is $8,690/yr on $96,102 invested. Return on cash invested sits at 28.95% in year one, and rental yield is 10.91% on a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 151.91% and total cumulative return in cash sums $145,989. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,636/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49046, Delton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,745 (100%) |
| Owner Occupied HU | 2,643 (70.6%) |
| Renter Occupied HU | 349 ( 9.3%) |
| Vacant Housing Units | 753 (20.1%) |
| Median Home Value | $284,855 |
| Average Home Value | $355,428 |
Housing Distribution
Address Breakdown
Residential
3,168
Single Family
3,146
Multi-Family
22
Businesses
139
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