152 Kerby RdGrosse Pointe FarmsMI48236
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 Grosse Pointe Farms at 152 Kerby Rd, Grosse Pointe Farms, MI, 48236 listed at $795,000 pairs $5,158/mo rent with a $3,891/mo payment. Total monthly income runs $5,158/mo. Return on cash invested measures 19.67% in year one, and rental yield registers 7.79% at a $795,000 basis. Equity gained on principal adds $5,130/yr, and annual property appreciation at 5% supports $219,644 by year five. Five-year ROI tracks 102.08% and total cumulative return in cash totals $266,998. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,158/mo property income relative to a $3,891/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48236, Grosse Pointe, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,855 (100%) |
| Owner Occupied HU | 11,100 (86.3%) |
| Renter Occupied HU | 1,173 ( 9.1%) |
| Vacant Housing Units | 582 ( 4.5%) |
| Median Home Value | $365,789 |
| Average Home Value | $440,877 |
Housing Distribution
Address Breakdown
Residential
12,630
Single Family
12,497
Multi-Family
133
Businesses
998
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jaime Rae Turnbull • Higbie Maxon Agney Inc
Mls Name: MiRealSource
Mls ID: #50196419