1776 Addison CirCommerce TownshipMI48390
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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
Rental property for sale in Commerce Township at 1776 Addison Cir, Commerce Township, MI, 48390 priced at $499,365 pairs $3,322/mo rent with $29/mo cash flow after a $2,444/mo payment. Total monthly income equals $3,322/mo, and annual cash flow comes to $349/yr on $165,540 invested. Return on cash invested is 20.12% in year one, and rental yield stands at 7.98% on a $499,365 basis. Equity gained on principal adds $3,222/yr, and 5% annual appreciation accumulates to $137,965 by year five. Five-year ROI measures 104.52% and total cumulative return in cash reaches $173,028. For financing, Ziffy Mortgage’s DSCR program evaluates $3,322/mo property income against a $2,444/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48390, Walled Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,991 (100%) |
| Owner Occupied HU | 8,674 (72.3%) |
| Renter Occupied HU | 2,906 (24.2%) |
| Vacant Housing Units | 411 ( 3.4%) |
| Median Home Value | $342,215 |
| Average Home Value | $420,174 |
Housing Distribution
Address Breakdown
Residential
11,518
Single Family
11,071
Multi-Family
447
Businesses
1,155
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Listed by: N/A • Pulte Homes
Mls Name: Pulte
Mls Provider:
Mls ID: #N/A