26870 Alma StChesterfieldMI48051
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 26870 Alma St, Chesterfield, MI, 48051 earns $114/mo cash flow from $773/mo rent with a $489/mo payment. Total monthly income totals $773/mo, and annual cash flow totals $1,368/yr on $33,150 capital. ROI tracks 24.04% on current figures, and rental yield reads 9.28% at a $100,000 purchase. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 over five years. Five-year ROI reaches 125.48% and total cumulative return in cash sums $41,596. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $773/mo property income instead of your personal income.
Single Family
Built in 1945
1.20 Acres 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: Maria McGuire • RE/MAX Advisors
Mls Name: MiRealSource
Mls ID: #50197498