13722 Diversion DrSterling HeightsMI48313
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 Sterling Heights at 13722 Diversion Dr, Sterling Heights, MI, 48313 earns $717/mo cash flow from $3,552/mo rent with a $2,104/mo payment. Total monthly income totals $3,552/mo, and annual cash flow totals $8,606/yr on $142,512 capital. ROI tracks 25.95% on current figures, and rental yield reads 9.91% at a $429,900 purchase. Equity gained on principal adds $2,774/yr, and 5% annual appreciation supports $118,773 over five years. Five-year ROI reaches 135.77% and total cumulative return in cash sums $193,495. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,552/mo property income instead of your personal income.
Single Family
Built in 1986
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48313, Sterling Heights, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,399 (100%) |
| Owner Occupied HU | 10,356 (71.9%) |
| Renter Occupied HU | 3,670 (25.5%) |
| Vacant Housing Units | 373 ( 2.6%) |
| Median Home Value | $273,235 |
| Average Home Value | $291,760 |
Housing Distribution
Address Breakdown
Residential
14,072
Single Family
12,606
Multi-Family
1,466
Businesses
651
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chrysanthe Carriveau • Next Level Realty Rochester
Mls Name: MiRealSource
Mls ID: #50187502