11423 Delvin DrSterling HeightsMI48314
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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 Sterling Heights at 11423 Delvin Dr, Sterling Heights, MI, 48314 offers a 12.27% rental yield on a $293,500 purchase with $3,000/mo rent. Total monthly income registers $3,000/mo, and a $1,437/mo payment leaves $1,061/mo available for distribution. Annual cash flow reaches $12,733/yr on $97,295 to close, and return on cash invested stands at 33% in year one. Equity gained on principal adds $1,894/yr while 5% annual appreciation supports $81,089 over five years. Portfolio math shows five-year ROI at 173.62% and total cumulative return in cash at $168,923. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,000/mo property income against a $1,437/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48314, Sterling Heights, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,131 (100%) |
| Owner Occupied HU | 6,584 (72.1%) |
| Renter Occupied HU | 2,232 (24.4%) |
| Vacant Housing Units | 315 ( 3.4%) |
| Median Home Value | $361,134 |
| Average Home Value | $368,744 |
Housing Distribution
Address Breakdown
Residential
9,024
Single Family
7,962
Multi-Family
1,062
Businesses
714
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A