818 S Adelaide StFentonMI48430
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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 Fenton at 818 S Adelaide St, Fenton, MI, 48430 at $229,000 posts ROI 22.43% with $160/mo cash flow from $1,670/mo rent. Total monthly income equals $1,670/mo, and annual cash flow records $1,916/yr on $75,914 to close. Return on cash invested measures 22.43% and rental yield reads 8.75% at the current $229,000. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 by year five. Five-year ROI prints 116.92% and total cumulative return in cash totals $88,757.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,670/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48430, Fenton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,916 (100%) |
| Owner Occupied HU | 12,868 (76.1%) |
| Renter Occupied HU | 3,053 (18.0%) |
| Vacant Housing Units | 995 ( 5.9%) |
| Median Home Value | $353,352 |
| Average Home Value | $414,915 |
Housing Distribution
Address Breakdown
Residential
16,904
Single Family
14,726
Multi-Family
2,178
Businesses
1,070
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