28734 Yarmouth CtChesterfieldMI48047
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 28734 Yarmouth Ct, Chesterfield, MI, 48047 earns $130/mo cash flow from $1,646/mo rent with a $1,125/mo payment. Total monthly income totals $1,646/mo, and annual cash flow totals $1,562/yr on $76,212 capital. ROI tracks 21.96% on current figures, and rental yield reads 8.59% at a $229,900 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,517 over five years. Five-year ROI reaches 114.42% and total cumulative return in cash sums $87,203. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,646/mo property income instead of your personal income.
Condo
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48047, New Baltimore, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,500 (100%) |
| Owner Occupied HU | 13,018 (78.9%) |
| Renter Occupied HU | 2,935 (17.8%) |
| Vacant Housing Units | 547 ( 3.3%) |
| Median Home Value | $331,383 |
| Average Home Value | $354,784 |
Housing Distribution
Address Breakdown
Residential
16,408
Single Family
15,958
Multi-Family
450
Businesses
771
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Listed by: Lori Dolman • Berkshire Hathaway HomeServices Kee Realty NB
Mls Name: MiRealSource
Mls ID: #50188376