17219 Euclid AveAllen ParkMI48101
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 Allen Park at 17219 Euclid Ave, Allen Park, MI, 48101 earns $2,030/mo cash flow from $3,982/mo rent with a $1,449/mo payment. Total monthly income totals $3,982/mo, and annual cash flow totals $24,358/yr on $98,124 capital. ROI tracks 44.73% on current figures, and rental yield reads 16.14% at a $296,000 purchase. Equity gained on principal adds $1,910/yr, and 5% annual appreciation supports $81,779 over five years. Five-year ROI reaches 236.48% and total cumulative return in cash sums $232,048. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,982/mo property income instead of your personal income.
Single Family
Built in 1940
9,583 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
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Listed by: Val Lancaster • Howard Hanna - Monroe
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50154669
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