72 Cavanaugh Lake RdChelseaMI48118
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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 Chelsea at 72 Cavanaugh Lake Rd, Chelsea, MI, 48118 priced at $957,200 pairs $3,799/mo rent with after a $4,685/mo payment. Total monthly income equals $3,799/mo. Return on cash invested is 10.48% in year one, and rental yield stands at 4.76% on a $957,200 basis. Equity gained on principal adds $6,177/yr, and 5% annual appreciation accumulates to $264,457 by year five. Five-year ROI measures 52.8% and total cumulative return in cash reaches $166,266. For financing, Ziffy Mortgage’s DSCR program evaluates $3,799/mo property income against a $4,685/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48118, Chelsea, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,643 (100%) |
| Owner Occupied HU | 4,566 (80.9%) |
| Renter Occupied HU | 713 (12.6%) |
| Vacant Housing Units | 364 ( 6.5%) |
| Median Home Value | $387,800 |
| Average Home Value | $457,408 |
Housing Distribution
Address Breakdown
Residential
5,786
Single Family
5,385
Multi-Family
401
Businesses
575
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