32360 Kelly RdRosevilleMI48066
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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 Roseville at 32360 Kelly Rd, Roseville, MI, 48066 uses $66,300 cash to close to unlock $7,356/yr annual cash flow and $613/mo monthly cash flow. Total monthly income runs $1,932/mo, and a $979/mo payment keeps the spread at $613/mo. Purchase price stands at $200,000, and rental yield measures 11.59% with $1,932/mo rent. Return on cash invested shows 31% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 162.87% and total cumulative return in cash records $107,984. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,932/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1959
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48066, Roseville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,468 (100%) |
| Owner Occupied HU | 13,572 (63.2%) |
| Renter Occupied HU | 6,839 (31.9%) |
| Vacant Housing Units | 1,057 ( 4.9%) |
| Median Home Value | $155,653 |
| Average Home Value | $205,217 |
Housing Distribution
Address Breakdown
Residential
20,626
Single Family
19,410
Multi-Family
1,216
Businesses
1,436
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