778 W Peninsula CtOxfordMI48371
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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 Oxford at 778 W Peninsula Ct, Oxford, MI, 48371 uses $155,772 cash to close to unlock $5,882/yr annual cash flow and $490/mo monthly cash flow. Total monthly income runs $3,589/mo, and a $2,300/mo payment keeps the spread at $490/mo. Purchase price stands at $469,900, and rental yield measures 9.17% with $3,589/mo rent. Return on cash invested shows 23.69% in year one, and 5% annual appreciation builds toward $129,825 over five years. Five-year ROI reaches 123.64% and total cumulative return in cash records $192,602. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,589/mo property income covering a $2,300/mo payment rather than investor’s personal income.
Single Family
Built in 2004
0.26 Acres lot
$N/A/sqft
No 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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