3049 Mentel RdMonroeMI48162
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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
Total monthly income runs $3,323/mo, and a $2,496/mo payment. Purchase price stands at $510,000, and rental yield measures 7.82% with $3,323/mo rent. Return on cash invested shows 19.77% in year one, and 5% annual appreciation builds toward $140,904 over five years. Five-year ROI reaches 102.61% and total cumulative return in cash records $172,167. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,323/mo property income covering a $2,496/mo payment rather than investor’s personal income.
Single Family
Built in 1994
11.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48162, Monroe, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,229 (100%) |
| Owner Occupied HU | 8,910 (67.4%) |
| Renter Occupied HU | 3,509 (26.5%) |
| Vacant Housing Units | 810 ( 6.1%) |
| Median Home Value | $217,176 |
| Average Home Value | $263,697 |
Housing Distribution
Address Breakdown
Residential
12,536
Single Family
11,056
Multi-Family
1,480
Businesses
667
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