2342 Ivy Hill DrCommerce TownshipMI48382
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 2342 Ivy Hill Dr, Commerce Township, MI, 48382 in Commerce Township at $649,000 earns $4,414/mo in rent and nets $134/mo after the $2,918/mo payment, a 8.16% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $179,307 over five years. Ziffy Mortgage underwrites this on a 1.51 DSCR without U.S. credit history. With $5,977/yr in principal paydown, total projected return reaches $255,883.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.0% |
| Monthly Cash Flow | $134 | $850 |
City averages based on Commerce Township market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,414 |
| Total Monthly Debt Service | $4,022 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2002
0.33 Acres lot
$N/A/sqft
No HOA
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
Single Family
Built in 2002
0.33 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeffrey Brikho • Brikho Properties
Mls Name: MichRIC
Mls ID: #25040996