7196 Mount Juliet 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 7196 Mount Juliet Dr, Davison, MI, 48423 uses $72,930 cash to close to unlock $6,384/yr annual cash flow and $532/mo monthly cash flow. Total monthly income runs $1,983/mo, and a $1,077/mo payment keeps the spread at $532/mo. Purchase price stands at $220,000, and rental yield measures 10.82% with $1,983/mo rent. Return on cash invested shows 28.66% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 150.31% and total cumulative return in cash records $109,619. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,983/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.36 Acres 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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