723 Bay Pointe DrOxfordMI48371
Nearby investment properties with comparable rents
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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 Oxford at 723 Bay Pointe Dr, Oxford, MI, 48371 generates $5,334/mo in rent and, after a $2,710/mo payment, leaves $1,647/mo in cash flow. Total monthly income is $5,334/mo, and annual cash flow is $19,770/yr on $182,134 invested. Return on cash invested sits at 30.91% in year one, and rental yield is 11.56% on a $553,600 entry. Equity gained on principal adds $3,572/yr, while 5% annual appreciation builds toward $152,949 over five years. Five-year ROI reaches 162.46% and total cumulative return in cash sums $295,896. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,334/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
0.36 Acres lot
$N/A/sqft
$425 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48371, Oxford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,091 (100%) |
| Owner Occupied HU | 8,375 (83.0%) |
| Renter Occupied HU | 1,402 (13.9%) |
| Vacant Housing Units | 314 ( 3.1%) |
| Median Home Value | $387,853 |
| Average Home Value | $429,399 |
Housing Distribution
Address Breakdown
Residential
9,948
Single Family
9,091
Multi-Family
857
Businesses
641
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