334 Peregrine DrEast ChinaMI48054
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 East China at 334 Peregrine Dr, East China, MI, 48054 earns from $2,782/mo rent with a $2,447/mo payment. Total monthly income totals $2,782/mo. ROI tracks 16.18% on current figures, and rental yield reads 6.68% at a $499,900 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,113 over five years. Five-year ROI reaches 83.39% and total cumulative return in cash sums $138,192. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,782/mo property income instead of your personal income.
Single Family
Built in 2005
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48054, East China, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,143 (100%) |
| Owner Occupied HU | 2,593 (82.5%) |
| Renter Occupied HU | 349 (11.1%) |
| Vacant Housing Units | 201 ( 6.4%) |
| Median Home Value | $318,011 |
| Average Home Value | $350,303 |
Housing Distribution
Address Breakdown
Residential
3,101
Single Family
2,930
Multi-Family
171
Businesses
105
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Nearby investment properties with comparable prices
Listed by: Brian Thomas • Berkshire Hathaway HomeServices Kee Realty NB
Mls Name: MiRealSource
Mls ID: #50182290