1372 Moulin AveMadison HeightsMI48071
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
Rental property for sale in Madison Heights at 1372 Moulin Ave, Madison Heights, MI, 48071 generates $1,539/mo in rent and, after a $978/mo payment, leaves $221/mo in cash flow. Total monthly income is $1,539/mo, and annual cash flow is $2,654/yr on $66,267 invested. Return on cash invested sits at 23.91% in year one, and rental yield is 9.24% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 124.91% and total cumulative return in cash sums $82,777. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,539/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48071, Madison Heights, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,231 (100%) |
| Owner Occupied HU | 8,366 (58.8%) |
| Renter Occupied HU | 5,264 (37.0%) |
| Vacant Housing Units | 601 ( 4.2%) |
| Median Home Value | $197,440 |
| Average Home Value | $259,278 |
Housing Distribution
Address Breakdown
Residential
13,452
Single Family
10,881
Multi-Family
2,571
Businesses
1,538
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andrew Yatoma • Community Choice Realty Inc
Mls Name: Realcomp II
Mls ID: #20251058282