11151 Jonathan LnRomeoMI48065
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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
Rental property for sale in Romeo at 11151 Jonathan Ln, Romeo, MI, 48065 generates $3,994/mo in rent and, after a $2,398/mo payment, leaves $763/mo in cash flow. Total monthly income is $3,994/mo, and annual cash flow is $9,156/yr on $162,435 invested. Return on cash invested sits at 25.55% in year one, and rental yield is 9.78% on a $490,000 entry. Equity gained on principal adds $3,162/yr, while 5% annual appreciation builds toward $135,378 over five years. Five-year ROI reaches 133.58% and total cumulative return in cash sums $216,984. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,994/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
1.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48065, Romeo, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,478 (100%) |
| Owner Occupied HU | 3,593 (80.2%) |
| Renter Occupied HU | 665 (14.9%) |
| Vacant Housing Units | 220 ( 4.9%) |
| Median Home Value | $395,519 |
| Average Home Value | $433,222 |
Housing Distribution
Address Breakdown
Residential
4,668
Single Family
4,621
Multi-Family
47
Businesses
427
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