8303 20th AveRemusMI49340
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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
Total monthly income runs $3,403/mo, and a $2,570/mo payment. Purchase price stands at $525,000, and rental yield measures 7.78% with $3,403/mo rent. Return on cash invested shows 19.65% in year one, and 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 101.95% and total cumulative return in cash records $176,085. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,403/mo property income covering a $2,570/mo payment rather than investor’s personal income.
Single Family
Built in 2019
9.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49340, Remus, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,331 (100%) |
| Owner Occupied HU | 1,047 (78.7%) |
| Renter Occupied HU | 160 (12.0%) |
| Vacant Housing Units | 124 ( 9.3%) |
| Median Home Value | $196,680 |
| Average Home Value | $219,105 |
Housing Distribution
Address Breakdown
Residential
1,209
Single Family
1,160
Multi-Family
49
Businesses
64
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