7900 Ashbrook DrHaslettMI48840
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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 Haslett at 7900 Ashbrook Dr, Haslett, MI, 48840 generates $5,563/mo in rent and, after a $2,251/mo payment, leaves $2,501/mo in cash flow. Total monthly income is $5,563/mo, and annual cash flow is $30,012/yr on $152,457 invested. Return on cash invested sits at 39.59% in year one, and rental yield is 14.52% on a $459,900 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation builds toward $127,062 over five years. Five-year ROI reaches 209.01% and total cumulative return in cash sums $318,654. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,563/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
9,583 sqft lot
$N/A/sqft
$350 annually HOA
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Listed by: Sonya Pentecost, Associate Broker • Berkshire Hathaway HomeServices Tomie Raines
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #282440
Disclaimer: IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2023 Greater Lansing Association of REALTORS