9667 Exeter RdCarletonMI48117
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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
Total monthly income runs $1,654/mo, and a $1,321/mo payment. Purchase price stands at $269,900, and rental yield measures 7.35% with $1,654/mo rent. Return on cash invested shows 18.22% in year one, and 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 94.37% and total cumulative return in cash records $84,438. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,654/mo property income covering a $1,321/mo payment rather than investor’s personal income.
Single Family
Built in 1962
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48117, Carleton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,502 (100%) |
| Owner Occupied HU | 3,873 (86.0%) |
| Renter Occupied HU | 391 ( 8.7%) |
| Vacant Housing Units | 238 ( 5.3%) |
| Median Home Value | $324,962 |
| Average Home Value | $366,736 |
Housing Distribution
Address Breakdown
Residential
4,262
Single Family
4,193
Multi-Family
69
Businesses
187
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Listed by: Lisa Moore • Moore Realty Group - Dundee
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50173117
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