9037 Prestwick CtWashingtonMI48095
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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 Washington at 9037 Prestwick Ct, Washington, MI, 48095 uses $258,265 cash to close to unlock $11,982/yr annual cash flow and $999/mo monthly cash flow. Total monthly income runs $6,175/mo, and a $3,842/mo payment keeps the spread at $999/mo. Purchase price stands at $785,000, and rental yield measures 9.44% with $6,175/mo rent. Return on cash invested shows 24.7% in year one, and 5% annual appreciation builds toward $216,881 over five years. Five-year ROI reaches 129.04% and total cumulative return in cash records $333,254. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,175/mo property income covering a $3,842/mo payment rather than investor’s personal income.
Single Family
Built in 2005
0.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48095, Washington, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,092 (100%) |
| Owner Occupied HU | 1,908 (91.2%) |
| Renter Occupied HU | 111 ( 5.3%) |
| Vacant Housing Units | 73 ( 3.5%) |
| Median Home Value | $452,250 |
| Average Home Value | $489,477 |
Housing Distribution
Address Breakdown
Residential
2,131
Single Family
2,131
Multi-Family
0
Businesses
203
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Listed by: Maria McGuire • RE/MAX Advisors
Mls Name: MiRealSource
Mls ID: #50194389