305 Cranbrook BlvdMonroeMI48162
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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
Investment property for sale in Monroe at 305 Cranbrook Blvd, Monroe, MI, 48162 at $299,000 posts ROI 31.78% with $981/mo cash flow from $2,952/mo rent. Total monthly income equals $2,952/mo, and annual cash flow records $11,768/yr on $99,119 to close. Return on cash invested measures 31.78% and rental yield reads 11.85% at the current $299,000. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 by year five. Five-year ROI prints 167.03% and total cumulative return in cash totals $165,562.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,952/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1971
9,583 sqft 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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