14669 Burns 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
Rental property for sale in Southgate at 14669 Burns St, Southgate, MI, 48195 generates $2,066/mo in rent and, after a $1,268/mo payment, leaves $358/mo in cash flow. Total monthly income is $2,066/mo, and annual cash flow is $4,292/yr on $85,859 invested. Return on cash invested sits at 24.91% in year one, and rental yield is 9.57% on a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 130.2% and total cumulative return in cash sums $111,784. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,066/mo property income rather than buyer’s personal income.
Single Family
Built in 1949
6,534 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