21900 Eastwood StOak ParkMI48237
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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 Oak Park at 21900 Eastwood St, Oak Park, MI, 48237 earns $594/mo cash flow from $1,860/mo rent with a $940/mo payment. Total monthly income totals $1,860/mo, and annual cash flow totals $7,123/yr on $63,648 capital. ROI tracks 31.1% on current figures, and rental yield reads 11.63% at a $192,000 purchase. Equity gained on principal adds $1,239/yr, and 5% annual appreciation supports $53,046 over five years. Five-year ROI reaches 163.39% and total cumulative return in cash sums $103,996. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,860/mo property income instead of your personal income.
Single Family
Built in 1954
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48237, Oak Park, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,116 (100%) |
| Owner Occupied HU | 7,715 (58.8%) |
| Renter Occupied HU | 4,989 (38.0%) |
| Vacant Housing Units | 412 ( 3.1%) |
| Median Home Value | $202,509 |
| Average Home Value | $243,042 |
Housing Distribution
Address Breakdown
Residential
12,700
Single Family
10,565
Multi-Family
2,135
Businesses
1,307
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