107 McLean StHighland ParkMI48203
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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 Highland Park at 107 McLean St, Highland Park, MI, 48203 at $150,000 posts ROI 24.47% with $189/mo cash flow from $1,178/mo rent. Total monthly income equals $1,178/mo, and annual cash flow records $2,268/yr on $49,725 to close. Return on cash invested measures 24.47% and rental yield reads 9.42% at the current $150,000. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 by year five. Five-year ROI prints 127.82% and total cumulative return in cash totals $63,558.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,178/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1915
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48203, Highland Park, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,489 (100%) |
| Owner Occupied HU | 4,387 (35.1%) |
| Renter Occupied HU | 5,373 (43.0%) |
| Vacant Housing Units | 2,729 (21.9%) |
| Median Home Value | $78,032 |
| Average Home Value | $184,025 |
Housing Distribution
Address Breakdown
Residential
9,992
Single Family
7,632
Multi-Family
2,360
Businesses
784
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Listed by: Ahmad Salame • Century 21 Curran & Oberski
Mls Name: Realcomp II
Mls ID: #20261001950