809 Richard StHollyMI48442
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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 Holly at 809 Richard St, Holly, MI, 48442 priced at $215,000 converts $1,478/mo rent into $61/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,478/mo, and annual cash flow totals $726/yr on $71,273 invested. Return on cash invested prints 20.93% in year one, and rental yield reads 8.25% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 108.87% and total cumulative return in cash sums $77,593. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,478/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1954
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48442, Holly, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,096 (100%) |
| Owner Occupied HU | 7,034 (77.3%) |
| Renter Occupied HU | 1,556 (17.1%) |
| Vacant Housing Units | 506 ( 5.6%) |
| Median Home Value | $310,863 |
| Average Home Value | $354,438 |
Housing Distribution
Address Breakdown
Residential
9,091
Single Family
8,905
Multi-Family
186
Businesses
416
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