126 Le Roy StRiver RougeMI48218
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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 River Rouge at 126 Le Roy St, River Rouge, MI, 48218 uses $52,709 cash to close to unlock $2,720/yr annual cash flow and $227/mo monthly cash flow. Total monthly income runs $1,275/mo, and a $778/mo payment keeps the spread at $227/mo. Purchase price stands at $159,000, and rental yield measures 9.62% with $1,275/mo rent. Return on cash invested shows 25.07% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 131.09% and total cumulative return in cash records $69,096. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,275/mo property income covering a $778/mo payment rather than investor’s personal income.
Single Family
Built in 1926
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48218, River Rouge, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,292 (100%) |
| Owner Occupied HU | 1,532 (46.5%) |
| Renter Occupied HU | 1,194 (36.3%) |
| Vacant Housing Units | 566 (17.2%) |
| Median Home Value | $69,308 |
| Average Home Value | $118,450 |
Housing Distribution
Address Breakdown
Residential
2,782
Single Family
2,619
Multi-Family
163
Businesses
154
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Listed by: Ali M Shariff • Real Estate One-Dbn Hts/Dbn
Mls Name: Realcomp II
Mls ID: #20251056416