20462 Beech Daly RdRedfordMI48240
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 Redford at 20462 Beech Daly Rd, Redford, MI, 48240 earns $909/mo cash flow from $1,964/mo rent with a $783/mo payment. Total monthly income totals $1,964/mo, and annual cash flow totals $10,908/yr on $53,040 capital. ROI tracks 40.47% on current figures, and rental yield reads 14.73% at a $159,999 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 213.67% and total cumulative return in cash sums $113,329. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,964/mo property income instead of your personal income.
Single Family
Built in 1951
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48240, Redford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,270 (100%) |
| Owner Occupied HU | 4,920 (67.7%) |
| Renter Occupied HU | 2,028 (27.9%) |
| Vacant Housing Units | 322 ( 4.4%) |
| Median Home Value | $129,799 |
| Average Home Value | $163,818 |
Housing Distribution
Address Breakdown
Residential
7,303
Single Family
7,114
Multi-Family
189
Businesses
654
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices