The Sanibel Plan, Thomas FarmsDewittMI48820
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 The Sanibel Plan, Thomas Farms, Dewitt, MI, 48820 at $433,000 posts ROI 40.54% with $2,468/mo cash flow from $5,323/mo rent. Total monthly income equals $5,323/mo, and annual cash flow records $29,615/yr on $143,540 to close. Return on cash invested measures 40.54% and rental yield reads 14.75% at the current $433,000. Equity gained on principal adds $2,794/yr, and 5% annual appreciation supports $119,630 by year five. Five-year ROI prints 214% and total cumulative return in cash totals $307,172.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,323/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2024
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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Nearby investment properties with comparable prices
