28598 N Maple #10RomulusMI48174
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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
Rental property for sale in Romulus at 28598 N Maple #10, Romulus, MI, 48174 generates $800/mo in rent and, after a $504/mo payment, leaves $121/mo in cash flow. Total monthly income is $800/mo, and annual cash flow is $1,453/yr on $34,111 invested. Return on cash invested sits at 24.17% in year one, and rental yield is 9.33% on a $102,900 entry. Equity gained on principal adds $664/yr, while 5% annual appreciation builds toward $28,429 over five years. Five-year ROI reaches 126.37% and total cumulative return in cash sums $43,106. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $800/mo property income rather than buyer’s personal income.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48174, Romulus, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,868 (100%) |
| Owner Occupied HU | 9,440 (68.1%) |
| Renter Occupied HU | 3,802 (27.4%) |
| Vacant Housing Units | 626 ( 4.5%) |
| Median Home Value | $203,267 |
| Average Home Value | $220,740 |
Housing Distribution
Address Breakdown
Residential
13,556
Single Family
11,733
Multi-Family
1,823
Businesses
1,056
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