298 Chasseral Ct NW, Comstock Park, MI, 49321 | $47/mo Cash Flow

For Sale

Ziffy Mortgage

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 298 Chasseral Ct NW, Comstock Park, MI, 49321 offers $2,170/mo rent that, after a $1,468/mo payment, leaves $47/mo cash flow. Total monthly income is $2,170/mo, and annual cash flow is $566/yr on $99,417 cash. Return on cash invested measures 20.48% in year one, and rental yield stands at 8.68% at a $299,900 entry. Equity gained on principal adds $1,935/yr while 5% annual appreciation compounds into $82,857 by year five. Five-year ROI records 107.11% and total cumulative return in cash reaches $106,480. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,170/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Condo

Built in 1995

7,405 sqft lot

$N/A/sqft

$145 monthly 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