321 Longspur Ln, Commerce Township, MI, 48382 | $691/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Commerce Township at 321 Longspur Ln, Commerce Township, MI, 48382 priced at $237,000 converts $2,254/mo rent into $691/mo cash flow after a $1,160/mo obligation. Total monthly income equals $2,254/mo, and annual cash flow totals $8,293/yr on $78,566 invested. Return on cash invested prints 30.46% in year one, and rental yield reads 11.41% against a $237,000 entry. Equity gained on principal adds $1,529/yr, while 5% annual appreciation compiles into $65,479 by year five. Five-year ROI reaches 160.05% and total cumulative return in cash sums $125,744. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,254/mo property income covering a $1,160/mo payment, not borrower’s personal income.

Single Family

Built in 1954

5,662 sqft lot

$N/A/sqft

No HOA