7816 S Ainger RdOlivetMI49076
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Olivet at 7816 S Ainger Rd, Olivet, MI, 49076 uses $77,903 cash to close to unlock $4,074/yr annual cash flow and $340/mo monthly cash flow. Total monthly income runs $1,889/mo, and a $1,150/mo payment keeps the spread at $340/mo. Purchase price stands at $235,000, and rental yield measures 9.65% with $1,889/mo rent. Return on cash invested shows 25.14% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 131.45% and total cumulative return in cash records $102,400. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,889/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 1970
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49076, Olivet, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,550 (100%) |
| Owner Occupied HU | 1,189 (76.7%) |
| Renter Occupied HU | 217 (14.0%) |
| Vacant Housing Units | 144 ( 9.3%) |
| Median Home Value | $256,538 |
| Average Home Value | $284,251 |
Housing Distribution
Address Breakdown
Residential
1,507
Single Family
1,422
Multi-Family
85
Businesses
95
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices