13669 Callender StSouthgateMI48195
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Southgate at 13669 Callender St, Southgate, MI, 48195 uses $57,548 cash to close to unlock $5,855/yr annual cash flow and $488/mo monthly cash flow. Total monthly income runs $1,633/mo, and a $850/mo payment keeps the spread at $488/mo. Purchase price stands at $173,600, and rental yield measures 11.29% with $1,633/mo rent. Return on cash invested shows 30.08% in year one, and 5% annual appreciation builds toward $47,962 over five years. Five-year ROI reaches 157.93% and total cumulative return in cash records $90,887. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,633/mo property income covering a $850/mo payment rather than investor’s personal income.
Single Family
Built in 1948
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48195, Southgate, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,062 (100%) |
| Owner Occupied HU | 9,105 (64.7%) |
| Renter Occupied HU | 4,432 (31.5%) |
| Vacant Housing Units | 525 ( 3.7%) |
| Median Home Value | $177,418 |
| Average Home Value | $210,773 |
Housing Distribution
Address Breakdown
Residential
14,017
Single Family
11,156
Multi-Family
2,861
Businesses
893
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices