1103 Meadowlands CtMonroeMI48161
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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 Monroe at 1103 Meadowlands Ct, Monroe, MI, 48161 listed at $274,500 pairs $1,802/mo rent with a $1,344/mo payment. Total monthly income runs $1,802/mo. Return on cash invested measures 16.17% in year one, and rental yield registers 7.88% at a $274,500 basis. Equity gained on principal adds $1,771/yr, and annual property appreciation at 5% supports $75,839 by year five. Five-year ROI tracks 84.66% and total cumulative return in cash totals $77,038. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,802/mo property income relative to a $1,344/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1994
N/A lot
$N/A/sqft
$275 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48161, Monroe, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,644 (100%) |
| Owner Occupied HU | 7,882 (67.7%) |
| Renter Occupied HU | 3,086 (26.5%) |
| Vacant Housing Units | 676 ( 5.8%) |
| Median Home Value | $208,509 |
| Average Home Value | $247,595 |
Housing Distribution
Address Breakdown
Residential
10,812
Single Family
10,329
Multi-Family
483
Businesses
910
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Listed by: Annette Perna-Taormina • Gerweck Real Estate in Monroe
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50169123
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