10185 Allen Pointe DrAllen ParkMI48101
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 Allen Park at 10185 Allen Pointe Dr, Allen Park, MI, 48101 generates $862/mo in rent and, after a $526/mo payment, leaves $153/mo in cash flow. Total monthly income is $862/mo, and annual cash flow is $1,839/yr on $35,636 invested. Return on cash invested sits at 25.07% in year one, and rental yield is 9.62% on a $107,500 entry. Equity gained on principal adds $694/yr, while 5% annual appreciation builds toward $29,700 over five years. Five-year ROI reaches 131.14% and total cumulative return in cash sums $46,735. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $862/mo property income rather than buyer’s personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48101, Allen Park, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,085 (100%) |
| Owner Occupied HU | 10,116 (83.7%) |
| Renter Occupied HU | 1,572 (13.0%) |
| Vacant Housing Units | 397 ( 3.3%) |
| Median Home Value | $187,948 |
| Average Home Value | $215,740 |
Housing Distribution
Address Breakdown
Residential
12,113
Single Family
11,161
Multi-Family
952
Businesses
838
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Randolph Bloedow • Century 21 Curran & Oberski
Mls Name: Realcomp II
Mls ID: #20251058223