8353 Gale RdOtisvilleMI48463
Nearby investment properties with comparable rents
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 Otisville at 8353 Gale Rd, Otisville, MI, 48463 earns $138/mo cash flow from $1,523/mo rent with a $1,028/mo payment. Total monthly income totals $1,523/mo, and annual cash flow totals $1,656/yr on $69,615 capital. ROI tracks 22.29% on current figures, and rental yield reads 8.7% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 116.12% and total cumulative return in cash sums $80,836. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,523/mo property income instead of your personal income.
Single Family
Built in 1974
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48463, Otisville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,899 (100%) |
| Owner Occupied HU | 1,655 (87.2%) |
| Renter Occupied HU | 138 ( 7.3%) |
| Vacant Housing Units | 106 ( 5.6%) |
| Median Home Value | $219,681 |
| Average Home Value | $238,267 |
Housing Distribution
Address Breakdown
Residential
1,731
Single Family
1,731
Multi-Family
0
Businesses
91
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices