15185 Hanover AveAllen ParkMI48101
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 Allen Park at 15185 Hanover Ave, Allen Park, MI, 48101 earns from $0/mo rent with a $1,483/mo payment. Total monthly income totals $0/mo. ROI tracks -3.96% on current figures, and rental yield reads 0% at a $302,999 purchase. Equity gained on principal adds $1,955/yr, and 5% annual appreciation supports $83,713 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 2025
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48101, Allen Park, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,085 (100%) |
| Owner Occupied HU | 10,116 (83.7%) |
| Renter Occupied HU | 1,572 (13.0%) |
| Vacant Housing Units | 397 ( 3.3%) |
| Median Home Value | $187,948 |
| Average Home Value | $215,740 |
Housing Distribution
Address Breakdown
Residential
12,113
Single Family
11,161
Multi-Family
952
Businesses
838
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Vanessa Veri • National Realty Centers, Inc
Mls Name: Realcomp II
Mls ID: #20251032405