3108 Westloch CirSuperior TownshipMI48198
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Superior Township at 3108 Westloch Cir, Superior Township, MI, 48198 priced at $1,200,000 pairs $5,285/mo rent with after a $5,873/mo payment. Total monthly income equals $5,285/mo. Return on cash invested is 11.85% in year one, and rental yield stands at 5.29% on a $1,200,000 basis. Equity gained on principal adds $7,743/yr, and 5% annual appreciation accumulates to $331,538 by year five. Five-year ROI measures 60.21% and total cumulative return in cash reaches $234,083. For financing, Ziffy Mortgage’s DSCR program evaluates $5,285/mo property income against a $5,873/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2001
1.39 Acres lot
$N/A/sqft
$1,600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48198, Ypsilanti, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,069 (100%) |
| Owner Occupied HU | 10,176 (56.3%) |
| Renter Occupied HU | 7,112 (39.4%) |
| Vacant Housing Units | 781 ( 4.3%) |
| Median Home Value | $179,766 |
| Average Home Value | $270,804 |
Housing Distribution
Address Breakdown
Residential
17,418
Single Family
14,565
Multi-Family
2,853
Businesses
741
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Nearby investment properties with comparable prices
Listed by: Ilze Chesney • Century 21 Affiliated
Mls Name: MichRIC
Mls Provider:
Mls ID: #25013092
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.