318 Clinton StWyandotteMI48192
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
Investment property for sale in Wyandotte at 318 Clinton St, Wyandotte, MI, 48192 earns $464/mo cash flow from $1,651/mo rent with a $881/mo payment. Total monthly income totals $1,651/mo, and annual cash flow totals $5,570/yr on $59,637 capital. ROI tracks 29.25% on current figures, and rental yield reads 11.01% at a $179,900 purchase. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 over five years. Five-year ROI reaches 153.54% and total cumulative return in cash sums $91,569. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,651/mo property income instead of your personal income.
Single Family
Built in 1923
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48192, Wyandotte, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,696 (100%) |
| Owner Occupied HU | 8,342 (71.3%) |
| Renter Occupied HU | 2,801 (23.9%) |
| Vacant Housing Units | 553 ( 4.7%) |
| Median Home Value | $181,081 |
| Average Home Value | $212,561 |
Housing Distribution
Address Breakdown
Residential
11,474
Single Family
10,333
Multi-Family
1,141
Businesses
816
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices