277 White StEcorseMI48229
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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
Investment Highlights
Investment property for sale in Ecorse at 277 White St, Ecorse, MI, 48229 at $144,900 posts ROI 23.67% with $151/mo cash flow from $1,106/mo rent. Total monthly income equals $1,106/mo, and annual cash flow records $1,808/yr on $48,034 to close. Return on cash invested measures 23.67% and rental yield reads 9.16% at the current $144,900. Equity gained on principal adds $935/yr, and 5% annual appreciation supports $40,033 by year five. Five-year ROI prints 123.59% and total cumulative return in cash totals $59,365.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,106/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48229, Ecorse, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,082 (100%) |
| Owner Occupied HU | 2,044 (50.1%) |
| Renter Occupied HU | 1,606 (39.3%) |
| Vacant Housing Units | 432 (10.6%) |
| Median Home Value | $68,759 |
| Average Home Value | $111,824 |
Housing Distribution
Address Breakdown
Residential
3,765
Single Family
3,549
Multi-Family
216
Businesses
172
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