24202 Hemlock Circle Plan, Sylvan CrossingChelseaMI48118
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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 Chelsea at 24202 Hemlock Circle Plan, Sylvan Crossing, Chelsea, MI, 48118 uses $46,408 cash to close to unlock $2,196/yr annual cash flow and $183/mo monthly cash flow. Total monthly income runs $1,106/mo, and a $685/mo payment keeps the spread at $183/mo. Purchase price stands at $139,995, and rental yield measures 9.48% with $1,106/mo rent. Return on cash invested shows 24.64% in year one, and 5% annual appreciation builds toward $38,678 over five years. Five-year ROI reaches 128.87% and total cumulative return in cash records $59,805. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,106/mo property income covering a $685/mo payment rather than investor’s personal income.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48118, Chelsea, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,643 (100%) |
| Owner Occupied HU | 4,566 (80.9%) |
| Renter Occupied HU | 713 (12.6%) |
| Vacant Housing Units | 364 ( 6.5%) |
| Median Home Value | $387,800 |
| Average Home Value | $457,408 |
Housing Distribution
Address Breakdown
Residential
5,786
Single Family
5,385
Multi-Family
401
Businesses
575
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