24374 21 Mile Rd, Macomb, MI, 48042 | $415/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Macomb at 24374 21 Mile Rd, Macomb, MI, 48042 uses $105,749 cash to close to unlock $4,976/yr annual cash flow and $415/mo monthly cash flow. Total monthly income runs $2,518/mo, and a $1,561/mo payment keeps the spread at $415/mo. Purchase price stands at $319,000, and rental yield measures 9.47% with $2,518/mo rent. Return on cash invested shows 24.61% in year one, and 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 128.6% and total cumulative return in cash records $135,997. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,518/mo property income covering a $1,561/mo payment rather than investor’s personal income.

Single Family

Built in 1998

8,276 sqft lot

$N/A/sqft

No HOA