33555 Groth DrSterling HeightsMI48312
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 Sterling Heights at 33555 Groth Dr, Sterling Heights, MI, 48312 uses $119,009 cash to close to unlock $8,372/yr annual cash flow and $698/mo monthly cash flow. Total monthly income runs $3,065/mo, and a $1,757/mo payment keeps the spread at $698/mo. Purchase price stands at $359,000, and rental yield measures 10.25% with $3,065/mo rent. Return on cash invested shows 26.94% in year one, and 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 141.09% and total cumulative return in cash records $167,911. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,065/mo property income covering a $1,757/mo payment rather than investor’s personal income.
Single Family
Built in 1966
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48312, Sterling Heights, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,521 (100%) |
| Owner Occupied HU | 10,355 (71.3%) |
| Renter Occupied HU | 3,743 (25.8%) |
| Vacant Housing Units | 423 ( 2.9%) |
| Median Home Value | $267,544 |
| Average Home Value | $286,430 |
Housing Distribution
Address Breakdown
Residential
14,323
Single Family
12,224
Multi-Family
2,099
Businesses
703
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gary J Solomon • Community Choice Realty Inc
Mls Name: Realcomp II
Mls ID: #20251010866