8897 Avoca RdAvocaMI48006
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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 Avoca at 8897 Avoca Rd, Avoca, MI, 48006 uses $56,322 cash to close to unlock $2,534/yr annual cash flow and $211/mo monthly cash flow. Total monthly income runs $1,332/mo, and a $832/mo payment keeps the spread at $211/mo. Purchase price stands at $169,900, and rental yield measures 9.41% with $1,332/mo rent. Return on cash invested shows 24.41% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 127.61% and total cumulative return in cash records $71,870. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,332/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1920
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48006, Avoca, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,565 (100%) |
| Owner Occupied HU | 1,356 (86.6%) |
| Renter Occupied HU | 112 ( 7.2%) |
| Vacant Housing Units | 97 ( 6.2%) |
| Median Home Value | $289,954 |
| Average Home Value | $306,615 |
Housing Distribution
Address Breakdown
Residential
1,475
Single Family
1,475
Multi-Family
0
Businesses
29
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