101 S Un #118PlymouthMI48170
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 Plymouth at 101 S Un #118, Plymouth, MI, 48170 generates $1,781/mo in rent, after a $1,517/mo payment. Total monthly income is $1,781/mo. Return on cash invested sits at 13.57% in year one, and rental yield is 6.9% on a $309,900 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,620 over five years. Five-year ROI reaches 70.6% and total cumulative return in cash sums $72,528. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,781/mo property income rather than buyer’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
$280 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48170, Plymouth, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,462 (100%) |
| Owner Occupied HU | 14,027 (76.0%) |
| Renter Occupied HU | 3,805 (20.6%) |
| Vacant Housing Units | 630 ( 3.4%) |
| Median Home Value | $408,390 |
| Average Home Value | $452,148 |
Housing Distribution
Address Breakdown
Residential
18,362
Single Family
15,953
Multi-Family
2,409
Businesses
2,256
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
