14025 Grove Park DrSterling HeightsMI48313
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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 Sterling Heights at 14025 Grove Park Dr, Sterling Heights, MI, 48313 earns $313/mo cash flow from $2,785/mo rent with a $1,835/mo payment. Total monthly income totals $2,785/mo, and annual cash flow totals $3,750/yr on $124,313 capital. ROI tracks 22.93% on current figures, and rental yield reads 8.91% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 119.56% and total cumulative return in cash sums $148,623. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,785/mo property income instead of your personal income.
Single Family
Built in 1979
7,405 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
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Listed by: Mario Kattula • Keller Williams Realty Lakeside
Mls Name: MiRealSource
Mls ID: #50183552