10810 Hart 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 10810 Hart Ave, Huntington Woods, MI, 48070 uses $82,875 cash to close to unlock $888/yr annual cash flow and $74/mo monthly cash flow. Total monthly income runs $1,723/mo, and a $1,224/mo payment keeps the spread at $74/mo. Purchase price stands at $250,000, and rental yield measures 8.27% with $1,723/mo rent. Return on cash invested shows 20.98% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 109.1% and total cumulative return in cash records $90,418. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,723/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1946
5,662 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: Shayla Haboosh • ICON Realty Experts, LLC
Mls Name: Realcomp II
Mls ID: #20251017908