9414 Parkwood NDavisonMI48423
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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 Davison at 9414 Parkwood N, Davison, MI, 48423 offers a 9.44% rental yield on a $124,900 purchase with $983/mo rent. Total monthly income registers $983/mo, and a $611/mo payment leaves $160/mo available for distribution. Annual cash flow reaches $1,916/yr on $41,404 to close, and return on cash invested stands at 24.54% in year one. Equity gained on principal adds $806/yr while 5% annual appreciation supports $34,508 over five years. Portfolio math shows five-year ROI at 128.21% and total cumulative return in cash at $53,086. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $983/mo property income against a $611/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48423, Davison, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,406 (100%) |
| Owner Occupied HU | 10,191 (66.1%) |
| Renter Occupied HU | 4,466 (29.0%) |
| Vacant Housing Units | 749 ( 4.9%) |
| Median Home Value | $235,172 |
| Average Home Value | $262,027 |
Housing Distribution
Address Breakdown
Residential
15,373
Single Family
12,694
Multi-Family
2,679
Businesses
645
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