Moccasin Dr #1XHM5KDewittMI48820
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
Investment property for sale in Dewitt at Moccasin Dr #1XHM5K, Dewitt, MI, 48820 earns $1,365/mo cash flow from $3,983/mo rent with a $1,943/mo payment. Total monthly income totals $3,983/mo, and annual cash flow totals $16,383/yr on $131,572 capital. ROI tracks 32.36% on current figures, and rental yield reads 12.04% at a $396,900 purchase. Equity gained on principal adds $2,561/yr, and 5% annual appreciation supports $109,656 over five years. Five-year ROI reaches 170.17% and total cumulative return in cash sums $223,899. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,983/mo property income instead of your personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48820, Dewitt, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,301 (100%) |
| Owner Occupied HU | 5,996 (82.1%) |
| Renter Occupied HU | 1,100 (15.1%) |
| Vacant Housing Units | 205 ( 2.8%) |
| Median Home Value | $350,447 |
| Average Home Value | $373,130 |
Housing Distribution
Address Breakdown
Residential
7,660
Single Family
6,974
Multi-Family
686
Businesses
447
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