3404 15th StWyandotteMI48192
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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 Wyandotte at 3404 15th St, Wyandotte, MI, 48192 listed at $156,600 pairs $1,175/mo rent with a $766/mo payment to leave $143/mo cash flow. Total monthly income runs $1,175/mo, and annual cash flow reaches $1,713/yr on $51,913 cash to close. Return on cash invested measures 23.21% in year one, and rental yield registers 9% at a $156,600 basis. Equity gained on principal adds $1,011/yr, and annual property appreciation at 5% supports $43,266 by year five. Five-year ROI tracks 121.08% and total cumulative return in cash totals $62,858. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,175/mo property income relative to a $766/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48192, Wyandotte, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,696 (100%) |
| Owner Occupied HU | 8,342 (71.3%) |
| Renter Occupied HU | 2,801 (23.9%) |
| Vacant Housing Units | 553 ( 4.7%) |
| Median Home Value | $181,081 |
| Average Home Value | $212,561 |
Housing Distribution
Address Breakdown
Residential
11,474
Single Family
10,333
Multi-Family
1,141
Businesses
816
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