173 Paton WayRomeoMI48065
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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 Romeo at 173 Paton Way, Romeo, MI, 48065 earns $260/mo cash flow from $2,300/mo rent with a $1,345/mo payment. Total monthly income totals $2,300/mo, and annual cash flow totals $3,120/yr on $91,063 capital. ROI tracks 23.34% on current figures, and rental yield reads 10.05% at a $274,700 purchase. Equity gained on principal adds $1,773/yr, and 5% annual appreciation supports $75,895 over five years. Five-year ROI reaches 122.9% and total cumulative return in cash sums $111,913. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,300/mo property income instead of your personal income.
Condo
Built in 2001
N/A lot
$N/A/sqft
$228 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48065, Romeo, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,478 (100%) |
| Owner Occupied HU | 3,593 (80.2%) |
| Renter Occupied HU | 665 (14.9%) |
| Vacant Housing Units | 220 ( 4.9%) |
| Median Home Value | $395,519 |
| Average Home Value | $433,222 |
Housing Distribution
Address Breakdown
Residential
4,668
Single Family
4,621
Multi-Family
47
Businesses
427
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