296 Netherfield St NW, Comstock Park, MI, 49321 | $1,185/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Comstock Park at 296 Netherfield St NW, Comstock Park, MI, 49321 priced at $270,000 converts $2,966/mo rent into $1,185/mo cash flow after a $1,322/mo obligation. Total monthly income equals $2,966/mo, and annual cash flow totals $14,220/yr on $89,505 invested. Return on cash invested prints 35.8% in year one, and rental yield reads 13.18% against a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,596 by year five. Five-year ROI reaches 188.56% and total cumulative return in cash sums $168,769. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,966/mo property income covering a $1,322/mo payment, not borrower’s personal income.

Single Family

Built in 1959

0.25 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49321, Comstock Park, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,190 (100%)
Owner Occupied HU	4,375 (60.8%)
Renter Occupied HU	2,533 (35.2%)
Vacant Housing Units	282 ( 3.9%)
Median Home Value	$311,171
Average Home Value	$337,061