DUPONT Plan, Newport CreekNewportMI48166
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
Rental property for sale in Newport at DUPONT Plan, Newport Creek, Newport, MI, 48166 priced at $337,490 pairs $4,608/mo rent with $2,382/mo cash flow after a $1,652/mo payment. Total monthly income equals $4,608/mo, and annual cash flow comes to $28,587/yr on $111,878 invested. Return on cash invested is 45.46% in year one, and rental yield stands at 16.38% on a $337,490 basis. Equity gained on principal adds $2,178/yr, and 5% annual appreciation accumulates to $93,242 by year five. Five-year ROI measures 240.42% and total cumulative return in cash reaches $268,978. For financing, Ziffy Mortgage’s DSCR program evaluates $4,608/mo property income against a $1,652/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48166, Newport, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,410 (100%) |
| Owner Occupied HU | 4,164 (77.0%) |
| Renter Occupied HU | 1,007 (18.6%) |
| Vacant Housing Units | 239 ( 4.4%) |
| Median Home Value | $263,468 |
| Average Home Value | $257,188 |
Housing Distribution
Address Breakdown
Residential
5,226
Single Family
4,686
Multi-Family
540
Businesses
135
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