The Aspen Plan, College FieldsOkemosMI48864
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 Okemos at The Aspen Plan, College Fields, Okemos, MI, 48864 priced at $434,000 pairs $3,000/mo rent with $138/mo cash flow after a $2,124/mo payment. Total monthly income equals $3,000/mo, and annual cash flow comes to $1,658/yr on $143,871 invested. Return on cash invested is 21.06% in year one, and rental yield stands at 8.29% on a $434,000 basis. Equity gained on principal adds $2,801/yr, and 5% annual appreciation accumulates to $119,906 by year five. Five-year ROI measures 109.58% and total cumulative return in cash reaches $157,654. For financing, Ziffy Mortgage’s DSCR program evaluates $3,000/mo property income against a $2,124/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48864, Okemos, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,559 (100%) |
| Owner Occupied HU | 6,293 (65.8%) |
| Renter Occupied HU | 2,783 (29.1%) |
| Vacant Housing Units | 483 ( 5.1%) |
| Median Home Value | $358,401 |
| Average Home Value | $397,029 |
Housing Distribution
Address Breakdown
Residential
9,606
Single Family
8,361
Multi-Family
1,245
Businesses
850
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