28215 Cherry StInksterMI48141
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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 Inkster at 28215 Cherry St, Inkster, MI, 48141 earns $443/mo cash flow from $1,432/mo rent with a $734/mo payment. Total monthly income totals $1,432/mo, and annual cash flow totals $5,318/yr on $49,692 capital. ROI tracks 30.61% on current figures, and rental yield reads 11.46% at a $149,900 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 over five years. Five-year ROI reaches 160.85% and total cumulative return in cash sums $79,931. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,432/mo property income instead of your personal income.
Multi Family
Built in 1961
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48141, Inkster, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,453 (100%) |
| Owner Occupied HU | 4,906 (42.8%) |
| Renter Occupied HU | 5,273 (46.0%) |
| Vacant Housing Units | 1,274 (11.1%) |
| Median Home Value | $80,435 |
| Average Home Value | $133,879 |
Housing Distribution
Address Breakdown
Residential
10,454
Single Family
8,889
Multi-Family
1,565
Businesses
375
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