3101 Cameron CirCommerce TwpMI48390
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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 Commerce Twp at 3101 Cameron Cir, Commerce Twp, MI, 48390 uses $99,417 cash to close to unlock $10,022/yr annual cash flow and $835/mo monthly cash flow. Total monthly income runs $2,813/mo, and a $1,468/mo payment keeps the spread at $835/mo. Purchase price stands at $299,900, and rental yield measures 11.26% with $2,813/mo rent. Return on cash invested shows 29.99% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 157.46% and total cumulative return in cash records $156,544. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,813/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48390, Walled Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,991 (100%) |
| Owner Occupied HU | 8,674 (72.3%) |
| Renter Occupied HU | 2,906 (24.2%) |
| Vacant Housing Units | 411 ( 3.4%) |
| Median Home Value | $342,215 |
| Average Home Value | $420,174 |
Housing Distribution
Address Breakdown
Residential
11,518
Single Family
11,071
Multi-Family
447
Businesses
1,155
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Listed by: Nadia F Dalou • Max Broock Realtors
Mls Name: Realcomp II
Mls ID: #20261001190