20172 Russell StHighland ParkMI48203
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 Highland Park at 20172 Russell St, Highland Park, MI, 48203 earns $105/mo cash flow from $830/mo rent with a $538/mo payment. Total monthly income totals $830/mo, and annual cash flow totals $1,260/yr on $36,465 capital. ROI tracks 23.36% on current figures, and rental yield reads 9.05% at a $110,000 purchase. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 over five years. Five-year ROI reaches 121.86% and total cumulative return in cash sums $44,436. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $830/mo property income instead of your personal income.
Single Family
Built in 1925
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48203, Highland Park, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,489 (100%) |
| Owner Occupied HU | 4,387 (35.1%) |
| Renter Occupied HU | 5,373 (43.0%) |
| Vacant Housing Units | 2,729 (21.9%) |
| Median Home Value | $78,032 |
| Average Home Value | $184,025 |
Housing Distribution
Address Breakdown
Residential
9,992
Single Family
7,632
Multi-Family
2,360
Businesses
784
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Roland C Walker III • KW Grosse Pointe
Mls Name: Realcomp II
Mls ID: #20251041917