10431 Oneida BlvdOak ParkMI48237
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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 Oak Park at 10431 Oneida Blvd, Oak Park, MI, 48237 earns $247/mo cash flow from $2,552/mo rent with a $1,711/mo payment. Total monthly income totals $2,552/mo, and annual cash flow totals $2,962/yr on $115,859 capital. ROI tracks 22.47% on current figures, and rental yield reads 8.76% at a $349,500 purchase. Equity gained on principal adds $2,255/yr, and 5% annual appreciation supports $96,560 over five years. Five-year ROI reaches 117.07% and total cumulative return in cash sums $135,637. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,552/mo property income instead of your personal income.
Single Family
Built in 1958
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48237, Oak Park, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,116 (100%) |
| Owner Occupied HU | 7,715 (58.8%) |
| Renter Occupied HU | 4,989 (38.0%) |
| Vacant Housing Units | 412 ( 3.1%) |
| Median Home Value | $202,509 |
| Average Home Value | $243,042 |
Housing Distribution
Address Breakdown
Residential
12,700
Single Family
10,565
Multi-Family
2,135
Businesses
1,307
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