7438 Surrey DrOnstedMI49265
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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 Onsted at 7438 Surrey Dr, Onsted, MI, 49265 offers $2,681/mo rent that, after a $1,223/mo payment, leaves $1,019/mo cash flow. Total monthly income is $2,681/mo, and annual cash flow is $12,223/yr on $82,842 cash. Return on cash invested measures 34.66% in year one, and rental yield stands at 12.87% at a $249,900 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,043 by year five. Five-year ROI records 182.59% and total cumulative return in cash reaches $151,262. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,681/mo property income versus a $1,223/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
0.42 Acres lot
$N/A/sqft
$175 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49265, Onsted, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,361 (100%) |
| Owner Occupied HU | 1,829 (77.5%) |
| Renter Occupied HU | 187 ( 7.9%) |
| Vacant Housing Units | 345 (14.6%) |
| Median Home Value | $310,697 |
| Average Home Value | $390,898 |
Housing Distribution
Address Breakdown
Residential
2,214
Single Family
2,190
Multi-Family
24
Businesses
107
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Listed by: Chad Conrad • Front Street Realty
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50153606
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