28251 S Pointe 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 28251 S Pointe Ln, Chesterfield, MI, 48051 earns $206/mo cash flow from $1,854/mo rent with a $1,223/mo payment. Total monthly income totals $1,854/mo, and annual cash flow totals $2,474/yr on $82,842 capital. ROI tracks 22.9% on current figures, and rental yield reads 8.9% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 119.45% and total cumulative return in cash sums $98,954. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,854/mo property income instead of your personal income.
Condo
Built in 2016
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: Steve Koleno • Beycome Brokerage Realty LLC
Mls Name: Realcomp II
Mls ID: #20261001243