9915 Overton StReeseMI48757
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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 Reese at 9915 Overton St, Reese, MI, 48757 uses $46,377 cash to close to unlock $3,482/yr annual cash flow and $290/mo monthly cash flow. Total monthly income runs $1,213/mo, and a $685/mo payment keeps the spread at $290/mo. Purchase price stands at $139,900, and rental yield measures 10.4% with $1,213/mo rent. Return on cash invested shows 27.42% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 143.72% and total cumulative return in cash records $66,651. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,213/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48757, Reese, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,548 (100%) |
| Owner Occupied HU | 1,254 (81.0%) |
| Renter Occupied HU | 193 (12.5%) |
| Vacant Housing Units | 101 ( 6.5%) |
| Median Home Value | $197,955 |
| Average Home Value | $233,981 |
Housing Distribution
Address Breakdown
Residential
1,453
Single Family
1,453
Multi-Family
0
Businesses
108
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