Hiltop DrHamiltonMI49419
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 Hamilton at Hiltop Dr, Hamilton, MI, 49419 offers $2,180/mo rent that, after a $611/mo payment, leaves $1,357/mo cash flow. Total monthly income is $2,180/mo, and annual cash flow is $16,280/yr on $41,404 cash. Return on cash invested measures 59.23% in year one, and rental yield stands at 20.94% at a $124,900 entry. Equity gained on principal adds $806/yr while 5% annual appreciation compounds into $34,508 by year five. Five-year ROI records 314.25% and total cumulative return in cash reaches $130,114. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,180/mo property income versus a $611/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Lot
Built in N/A
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49419, Hamilton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,062 (100%) |
| Owner Occupied HU | 2,787 (91.0%) |
| Renter Occupied HU | 202 ( 6.6%) |
| Vacant Housing Units | 73 ( 2.4%) |
| Median Home Value | $333,672 |
| Average Home Value | $371,908 |
Housing Distribution
Address Breakdown
Residential
3,061
Single Family
3,061
Multi-Family
0
Businesses
161
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Nearby investment properties with comparable prices
