8453 Dixie HwyFair HavenMI48023
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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
Investment property for sale in Fair Haven at 8453 Dixie Hwy, Fair Haven, MI, 48023 earns from $2,011/mo rent with a $2,575/mo payment. Total monthly income totals $2,011/mo. ROI tracks 9.95% on current figures, and rental yield reads 4.59% at a $526,000 purchase. Equity gained on principal adds $3,394/yr, and 5% annual appreciation supports $145,324 over five years. Five-year ROI reaches 49.93% and total cumulative return in cash sums $86,411. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,011/mo property income instead of your personal income.
Single Family
Built in 1950
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48023, Fair Haven, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,368 (100%) |
| Owner Occupied HU | 1,730 (73.1%) |
| Renter Occupied HU | 417 (17.6%) |
| Vacant Housing Units | 221 ( 9.3%) |
| Median Home Value | $326,971 |
| Average Home Value | $367,487 |
Housing Distribution
Address Breakdown
Residential
2,203
Single Family
2,203
Multi-Family
0
Businesses
160
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Listed by: Melanie Lovati • Innovation Real Estate Specialists Inc.
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50177274
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