16590 Heim RdChelseaMI48118
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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 Chelsea at 16590 Heim Rd, Chelsea, MI, 48118 listed at $739,900 pairs $4,438/mo rent with a $3,621/mo payment. Total monthly income runs $4,438/mo. Return on cash invested measures 17.89% in year one, and rental yield registers 7.2% at a $739,900 basis. Equity gained on principal adds $4,774/yr, and annual property appreciation at 5% supports $204,421 by year five. Five-year ROI tracks 92.51% and total cumulative return in cash totals $225,195. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,438/mo property income relative to a $3,621/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2002
10.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48118, Chelsea, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,643 (100%) |
| Owner Occupied HU | 4,566 (80.9%) |
| Renter Occupied HU | 713 (12.6%) |
| Vacant Housing Units | 364 ( 6.5%) |
| Median Home Value | $387,800 |
| Average Home Value | $457,408 |
Housing Distribution
Address Breakdown
Residential
5,786
Single Family
5,385
Multi-Family
401
Businesses
575
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