10024 Kingston AveHuntington WoodsMI48070
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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 Huntington Woods at 10024 Kingston Ave, Huntington Woods, MI, 48070 uses $139,197 cash to close to unlock $2,330/yr annual cash flow and $194/mo monthly cash flow. Total monthly income runs $2,963/mo, and a $2,055/mo payment keeps the spread at $194/mo. Purchase price stands at $419,900, and rental yield measures 8.47% with $2,963/mo rent. Return on cash invested shows 21.58% in year one, and 5% annual appreciation builds toward $116,011 over five years. Five-year ROI reaches 112.37% and total cumulative return in cash records $156,420. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,963/mo property income covering a $2,055/mo payment rather than investor’s personal income.
Single Family
Built in 1945
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48070, Huntington Woods, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,436 (100%) |
| Owner Occupied HU | 2,349 (96.4%) |
| Renter Occupied HU | 57 ( 2.3%) |
| Vacant Housing Units | 30 ( 1.2%) |
| Median Home Value | $483,526 |
| Average Home Value | $536,033 |
Housing Distribution
Address Breakdown
Residential
2,428
Single Family
2,428
Multi-Family
0
Businesses
89
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Listed by: Nika Jusufi • Nika & Co
Mls Name: Realcomp II
Mls ID: #20251061131