10023 Azalia RdAzaliaMI48110
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 Azalia at 10023 Azalia Rd, Azalia, MI, 48110 offers a 21.28% rental yield on a $114,900 purchase with $2,038/mo rent. Total monthly income registers $2,038/mo, and a $562/mo payment leaves $1,281/mo available for distribution. Annual cash flow reaches $15,368/yr on $38,089 to close, and return on cash invested stands at 60.26% in year one. Equity gained on principal adds $741/yr while 5% annual appreciation supports $31,745 over five years. Portfolio math shows five-year ROI at 319.78% and total cumulative return in cash at $121,802. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,038/mo property income against a $562/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48110, Azalia, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
0
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Listed by: Alan Haynes • Coldwell Banker Haynes R.E. in Monroe
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50153972
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