8088 Bay Arbor Dr #2AugustaMI49012
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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 Augusta at 8088 Bay Arbor Dr #2, Augusta, MI, 49012 earns $353/mo cash flow from $2,652/mo rent with a $1,566/mo payment. Total monthly income totals $2,652/mo, and annual cash flow totals $4,240/yr on $106,080 capital. ROI tracks 23.91% on current figures, and rental yield reads 9.95% at a $320,000 purchase. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 over five years. Five-year ROI reaches 125.6% and total cumulative return in cash sums $133,239. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,652/mo property income instead of your personal income.
Condo
Built in 2016
5,662 sqft lot
$N/A/sqft
$566 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49012, Augusta, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,412 (100%) |
| Owner Occupied HU | 1,172 (83.0%) |
| Renter Occupied HU | 159 (11.3%) |
| Vacant Housing Units | 81 ( 5.7%) |
| Median Home Value | $350,376 |
| Average Home Value | $446,826 |
Housing Distribution
Address Breakdown
Residential
1,501
Single Family
1,478
Multi-Family
23
Businesses
58
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