8285 OdowlingOnstedMI49265
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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 Onsted at 8285 Odowling, Onsted, MI, 49265 priced at $975,000 converts $2,244/mo rent into after a $4,772/mo obligation. Total monthly income equals $2,244/mo. Return on cash invested prints 4.33% in year one, and rental yield reads 2.76% against a $975,000 entry. Equity gained on principal adds $6,292/yr, while 5% annual appreciation compiles into $269,375 by year five. Five-year ROI reaches 19.84% and total cumulative return in cash sums $63,639. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,244/mo property income covering a $4,772/mo payment, not borrower’s personal income.
Single Family
Built in 2018
0.90 Acres lot
$N/A/sqft
$225 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49265, Onsted, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,361 (100%) |
| Owner Occupied HU | 1,829 (77.5%) |
| Renter Occupied HU | 187 ( 7.9%) |
| Vacant Housing Units | 345 (14.6%) |
| Median Home Value | $310,697 |
| Average Home Value | $390,898 |
Housing Distribution
Address Breakdown
Residential
2,214
Single Family
2,190
Multi-Family
24
Businesses
107
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