2851 Biddle AveWyandotteMI48192
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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 Wyandotte at 2851 Biddle Ave, Wyandotte, MI, 48192 listed at $252,000 pairs $1,440/mo rent with a $1,233/mo payment. Total monthly income runs $1,440/mo. Return on cash invested measures 16.73% in year one, and rental yield registers 6.86% at a $252,000 basis. Equity gained on principal adds $1,626/yr, and annual property appreciation at 5% supports $69,623 by year five. Five-year ROI tracks 86.33% and total cumulative return in cash totals $72,122. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,440/mo property income relative to a $1,233/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48192, Wyandotte, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,696 (100%) |
| Owner Occupied HU | 8,342 (71.3%) |
| Renter Occupied HU | 2,801 (23.9%) |
| Vacant Housing Units | 553 ( 4.7%) |
| Median Home Value | $181,081 |
| Average Home Value | $212,561 |
Housing Distribution
Address Breakdown
Residential
11,474
Single Family
10,333
Multi-Family
1,141
Businesses
816
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