7886 Drakeshire BlvdAlmontMI48003
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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 Almont at 7886 Drakeshire Blvd, Almont, MI, 48003 offers a 7.79% rental yield on a $309,999 purchase with $2,013/mo rent. 4% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,647 over five years. Portfolio math shows five-year ROI at 100.71% and total cumulative return in cash at $103,495. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,013/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
9,583 sqft lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48003, Almont, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,657 (100%) |
| Owner Occupied HU | 2,290 (86.2%) |
| Renter Occupied HU | 244 ( 9.2%) |
| Vacant Housing Units | 123 ( 4.6%) |
| Median Home Value | $315,236 |
| Average Home Value | $358,599 |
Housing Distribution
Address Breakdown
Residential
2,268
Single Family
2,029
Multi-Family
239
Businesses
197
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Listed by: Mitchell Bidus • Park Side & Company LLC
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50171371
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