7217 N Van Dyke RdPt AustinMI48467
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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 Pt Austin at 7217 N Van Dyke Rd, Pt Austin, MI, 48467 uses $66,300 cash to close to unlock $3,252/yr annual cash flow and $271/mo monthly cash flow. Total monthly income runs $1,590/mo, and a $979/mo payment keeps the spread at $271/mo. Purchase price stands at $199,999, and rental yield measures 9.54% with $1,590/mo rent. Return on cash invested shows 24.81% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 129.68% and total cumulative return in cash records $85,976. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,590/mo property income covering a $979/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: 48467, Port Austin, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,765 (100%) |
| Owner Occupied HU | 966 (34.9%) |
| Renter Occupied HU | 170 ( 6.1%) |
| Vacant Housing Units | 1,629 (58.9%) |
| Median Home Value | $196,196 |
| Average Home Value | $261,638 |
Housing Distribution
Address Breakdown
Residential
1,152
Single Family
1,130
Multi-Family
22
Businesses
110
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