9306 Dodge 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
Total monthly income runs $1,894/mo, and a $2,100/mo payment. Purchase price stands at $429,000, and rental yield measures 5.3% with $1,894/mo rent. Return on cash invested shows 12.02% in year one, and 5% annual appreciation builds toward $118,525 over five years. Five-year ROI reaches 61.05% and total cumulative return in cash records $86,821. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,894/mo property income covering a $2,100/mo payment rather than investor’s personal income.
Single Family
Built in 1968
3.10 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