Cory DrDeltonMI49046
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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 Delton at Cory Dr, Delton, MI, 49046 offers a 11.78% rental yield on a $138,500 purchase with $1,360/mo rent. Total monthly income registers $1,360/mo, and a $678/mo payment leaves $447/mo available for distribution. Annual cash flow reaches $5,359/yr on $45,913 to close, and return on cash invested stands at 31.58% in year one. Equity gained on principal adds $894/yr while 5% annual appreciation supports $38,265 over five years. Portfolio math shows five-year ROI at 166.04% and total cumulative return in cash at $76,231. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,360/mo property income against a $678/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
16.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49046, Delton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,745 (100%) |
| Owner Occupied HU | 2,643 (70.6%) |
| Renter Occupied HU | 349 ( 9.3%) |
| Vacant Housing Units | 753 (20.1%) |
| Median Home Value | $284,855 |
| Average Home Value | $355,428 |
Housing Distribution
Address Breakdown
Residential
3,168
Single Family
3,146
Multi-Family
22
Businesses
139
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