706 Tamarac DrDavisonMI48423
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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 Davison at 706 Tamarac Dr, Davison, MI, 48423 with 5% annual appreciation on a $224,000 basis while $2,090/mo rent supports operations. Total monthly income totals $2,090/mo and a $1,096/mo payment preserves $613/mo for cash returns. Annual cash flow comes to $7,358/yr on $74,256 deployed, and return on cash invested reaches 29.82% in year one. Equity gained on principal adds $1,445/yr, and five-year appreciation sums $61,887 alongside rental yield of 11.2%. Five-year ROI measures 156.55% and total cumulative return in cash totals $116,251.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,090/mo property income versus a $1,096/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1956
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48423, Davison, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,406 (100%) |
| Owner Occupied HU | 10,191 (66.1%) |
| Renter Occupied HU | 4,466 (29.0%) |
| Vacant Housing Units | 749 ( 4.9%) |
| Median Home Value | $235,172 |
| Average Home Value | $262,027 |
Housing Distribution
Address Breakdown
Residential
15,373
Single Family
12,694
Multi-Family
2,679
Businesses
645
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Listed by: Jennifer L Johnston • Allstate Properties.com
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50177986
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