857 Pine Ridge AveOxfordMI48371
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 857 Pine Ridge Ave, Oxford, MI, 48371 in Oxford deserves attention. This $559,000 property earns $6,673/mo in rent, a 14.33% gross yield, and nets $2,949/mo after the $2,514/mo payment. DSCR 2.65 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $154,441 compounds alongside $5,148/yr in yearly equity build, for a total cumulative return of $402,897.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.3% | 6.2% |
| Monthly Cash Flow | $2,949 | $850 |
City averages based on Oxford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,673 |
| Total Monthly Debt Service | $3,501 |
| DSCR Ratio | 1.91x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
8,712 sqft lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48371, Oxford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,091 (100%) |
| Owner Occupied HU | 8,375 (83.0%) |
| Renter Occupied HU | 1,402 (13.9%) |
| Vacant Housing Units | 314 ( 3.1%) |
| Median Home Value | $387,853 |
| Average Home Value | $429,399 |
Housing Distribution
Address Breakdown
Residential
9,948
Single Family
9,091
Multi-Family
857
Businesses
641
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
Single Family
Built in 2024
8,712 sqft lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48371, Oxford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,091 (100%) |
| Owner Occupied HU | 8,375 (83.0%) |
| Renter Occupied HU | 1,402 (13.9%) |
| Vacant Housing Units | 314 ( 3.1%) |
| Median Home Value | $387,853 |
| Average Home Value | $429,399 |
Housing Distribution
Address Breakdown
Residential
9,948
Single Family
9,091
Multi-Family
857
Businesses
641
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices