3244 Meadowcrest StMonroeMI48162
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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 Monroe at 3244 Meadowcrest St, Monroe, MI, 48162 offers a 11.21% rental yield on a $182,000 purchase with $1,700/mo rent. Total monthly income registers $1,700/mo, and a $891/mo payment leaves $488/mo available for distribution. Annual cash flow reaches $5,860/yr on $60,333 to close, and return on cash invested stands at 29.62% in year one. Equity gained on principal adds $1,174/yr while 5% annual appreciation supports $50,283 over five years. Portfolio math shows five-year ROI at 155.59% and total cumulative return in cash at $93,873. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,700/mo property income against a $891/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
0.25 Acres lot
$N/A/sqft
$135 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48162, Monroe, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,229 (100%) |
| Owner Occupied HU | 8,910 (67.4%) |
| Renter Occupied HU | 3,509 (26.5%) |
| Vacant Housing Units | 810 ( 6.1%) |
| Median Home Value | $217,176 |
| Average Home Value | $263,697 |
Housing Distribution
Address Breakdown
Residential
12,536
Single Family
11,056
Multi-Family
1,480
Businesses
667
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