11702 Weingartz EUticaMI48315
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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 Utica at 11702 Weingartz E, Utica, MI, 48315 offers a 10.55% rental yield on a $319,500 purchase with $2,810/mo rent. Total monthly income registers $2,810/mo, and a $1,564/mo payment leaves $456/mo available for distribution. Annual cash flow reaches $5,470/yr on $105,914 to close, and return on cash invested stands at 25.07% in year one. Equity gained on principal adds $2,062/yr while 5% annual appreciation supports $88,272 over five years. Portfolio math shows five-year ROI at 132.07% and total cumulative return in cash at $139,886. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,810/mo property income against a $1,564/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2007
N/A lot
$N/A/sqft
$247 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48315, Utica, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,660 (100%) |
| Owner Occupied HU | 9,734 (83.5%) |
| Renter Occupied HU | 1,562 (13.4%) |
| Vacant Housing Units | 364 ( 3.1%) |
| Median Home Value | $387,075 |
| Average Home Value | $384,918 |
Housing Distribution
Address Breakdown
Residential
11,656
Single Family
11,075
Multi-Family
581
Businesses
1,095
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