15010 Petrie StRosevilleMI48066
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 Roseville at 15010 Petrie St, Roseville, MI, 48066 uses $59,670 cash to close to unlock $7,800/yr annual cash flow and $650/mo monthly cash flow. Total monthly income runs $1,837/mo, and a $881/mo payment keeps the spread at $650/mo. Purchase price stands at $180,000, and rental yield measures 12.25% with $1,837/mo rent. Return on cash invested shows 32.98% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 173.46% and total cumulative return in cash records $103,505. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,837/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1954
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48066, Roseville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,468 (100%) |
| Owner Occupied HU | 13,572 (63.2%) |
| Renter Occupied HU | 6,839 (31.9%) |
| Vacant Housing Units | 1,057 ( 4.9%) |
| Median Home Value | $155,653 |
| Average Home Value | $205,217 |
Housing Distribution
Address Breakdown
Residential
20,626
Single Family
19,410
Multi-Family
1,216
Businesses
1,436
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices