26136 Juliagrove LnChesterfieldMI48051
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 Chesterfield at 26136 Juliagrove Ln, Chesterfield, MI, 48051 earns $31/mo cash flow from $2,240/mo rent with a $1,640/mo payment. Total monthly income totals $2,240/mo, and annual cash flow totals $366/yr on $111,053 capital. ROI tracks 20.24% on current figures, and rental yield reads 8.02% at a $335,000 purchase. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 over five years. Five-year ROI reaches 105.16% and total cumulative return in cash sums $116,780. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,240/mo property income instead of your personal income.
Condo
Built in 2020
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48051, New Baltimore, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,506 (100%) |
| Owner Occupied HU | 6,264 (83.5%) |
| Renter Occupied HU | 986 (13.1%) |
| Vacant Housing Units | 256 ( 3.4%) |
| Median Home Value | $283,218 |
| Average Home Value | $286,672 |
Housing Distribution
Address Breakdown
Residential
7,817
Single Family
7,817
Multi-Family
0
Businesses
604
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kevin Devergilio • REALTEAM Real Estate
Mls Name: Realcomp II
Mls ID: #20261003788