26744 Canterbury Cir, New Boston, MI, 48164 | 7.32% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
695 sft

2327 Fernwood Ave, Ann Arbor, MI, 48104

3 Bed
1 Bath
1410 sft

967 Winston Dr, Monroe, MI, 48161

3 Bed
1 Bath
1901 sft

9650 Chatham, Detroit, MI, 48239

3 Bed
2 Bath
2840 sft

5374 Franklin Ave, Trenton, MI, 48183

Nearby investment properties with comparable prices

3 Bed
2 Bath
2224 sft

725 Harriet St, Ypsilanti, MI, 48197

4 Bed
2 Bath
1495 sft

233 Dexter St, Milan, MI, 48160

3 Bed
3 Bath
1708 sft

38540 Nellie Ln, Westland, MI, 48186

3 Bed
2 Bath
1833 sft

7010 Plainfield St, Dearborn Heights, MI, 48127

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $1,919/mo, and a $1,540/mo payment. Purchase price stands at $314,610, and rental yield measures 7.32% with $1,919/mo rent. Return on cash invested shows 18.12% in year one, and 5% annual appreciation builds toward $86,921 over five years. Five-year ROI reaches 93.8% and total cumulative return in cash records $97,827. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,919/mo property income covering a $1,540/mo payment rather than investor’s personal income.

Single Family

Built in 2026

9,583 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48164, New Boston, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,650 (100%)
Owner Occupied HU	3,244 (88.9%)
Renter Occupied HU	275 ( 7.5%)
Vacant Housing Units	131 ( 3.6%)
Median Home Value	$331,699
Average Home Value	$334,306