1845 Tyler AveBerkleyMI48072
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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 Berkley at 1845 Tyler Ave, Berkley, MI, 48072 at $369,000 posts ROI 20.78% with $88/mo cash flow from $2,620/mo rent. Total monthly income equals $2,620/mo, and annual cash flow records $1,060/yr on $122,324 to close. Return on cash invested measures 20.78% and rental yield reads 8.52% at the current $369,000. Equity gained on principal adds $2,381/yr, and 5% annual appreciation supports $101,948 by year five. Five-year ROI prints 108.4% and total cumulative return in cash totals $132,603.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,620/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48072, Berkley, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,067 (100%) |
| Owner Occupied HU | 5,975 (84.5%) |
| Renter Occupied HU | 895 (12.7%) |
| Vacant Housing Units | 197 ( 2.8%) |
| Median Home Value | $321,340 |
| Average Home Value | $359,511 |
Housing Distribution
Address Breakdown
Residential
7,024
Single Family
6,632
Multi-Family
392
Businesses
609
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