258 Ewell StRomeoMI48065
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 Romeo at 258 Ewell St, Romeo, MI, 48065 at $239,900 posts ROI 24.83% with $326/mo cash flow from $1,908/mo rent. Total monthly income equals $1,908/mo, and annual cash flow records $3,914/yr on $79,527 to close. Return on cash invested measures 24.83% and rental yield reads 9.54% at the current $239,900. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 by year five. Five-year ROI prints 129.81% and total cumulative return in cash totals $103,231.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,908/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1952
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48065, Romeo, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,478 (100%) |
| Owner Occupied HU | 3,593 (80.2%) |
| Renter Occupied HU | 665 (14.9%) |
| Vacant Housing Units | 220 ( 4.9%) |
| Median Home Value | $395,519 |
| Average Home Value | $433,222 |
Housing Distribution
Address Breakdown
Residential
4,668
Single Family
4,621
Multi-Family
47
Businesses
427
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Nearby investment properties with comparable prices
Listed by: William Shoemaker • Real Estate One Inc -SCS
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50164397
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