17537 Lange AveBrownstownMI48174
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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 Brownstown at 17537 Lange Ave, Brownstown, MI, 48174 earns $471/mo cash flow from $2,928/mo rent with a $1,810/mo payment. Total monthly income totals $2,928/mo, and annual cash flow totals $5,650/yr on $122,622 capital. ROI tracks 24.52% on current figures, and rental yield reads 9.5% at a $369,900 purchase. Equity gained on principal adds $2,387/yr, and 5% annual appreciation supports $102,197 over five years. Five-year ROI reaches 128.14% and total cumulative return in cash sums $157,126. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,928/mo property income instead of your personal income.
Single Family
Built in 2017
9,147 sqft lot
$N/A/sqft
$220 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48174, Romulus, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,868 (100%) |
| Owner Occupied HU | 9,440 (68.1%) |
| Renter Occupied HU | 3,802 (27.4%) |
| Vacant Housing Units | 626 ( 4.5%) |
| Median Home Value | $203,267 |
| Average Home Value | $220,740 |
Housing Distribution
Address Breakdown
Residential
13,556
Single Family
11,733
Multi-Family
1,823
Businesses
1,056
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Listed by: Matthew Dababneh • Keller Williams Realty Lakeside
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50156358
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