343 E Hurd RdMonroeMI48162
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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 343 E Hurd Rd, Monroe, MI, 48162 with 5% annual appreciation on a $499,900 basis while $2,708/mo rent supports operations. 65% in year one. Equity gained on principal adds $3,226/yr, and five-year appreciation sums $138,113 alongside rental yield of 6.5%. Five-year ROI measures 80.52% and total cumulative return in cash totals $133,440. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,708/mo property income versus a $2,447/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1989
0.59 Acres lot
$N/A/sqft
No 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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