15312 Ashley CtMacombMI48044
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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 Macomb at 15312 Ashley Ct, Macomb, MI, 48044 uses $54,697 cash to close to unlock $2,250/yr annual cash flow and $188/mo monthly cash flow. Total monthly income runs $1,276/mo, and a $808/mo payment keeps the spread at $188/mo. Purchase price stands at $164,999, and rental yield measures 9.28% with $1,276/mo rent. Return on cash invested shows 24.02% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 125.49% and total cumulative return in cash records $68,639. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,276/mo property income covering a $808/mo payment rather than investor’s personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48044, Macomb, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,325 (100%) |
| Owner Occupied HU | 18,201 (89.5%) |
| Renter Occupied HU | 1,855 ( 9.1%) |
| Vacant Housing Units | 269 ( 1.3%) |
| Median Home Value | $352,340 |
| Average Home Value | $355,760 |
Housing Distribution
Address Breakdown
Residential
20,629
Single Family
20,025
Multi-Family
604
Businesses
434
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