34308 Greentrees RdSterling HeightsMI48312
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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 Sterling Heights at 34308 Greentrees Rd, Sterling Heights, MI, 48312 earns $736/mo cash flow from $2,945/mo rent with a $1,640/mo payment. Total monthly income totals $2,945/mo, and annual cash flow totals $8,826/yr on $111,053 capital. ROI tracks 27.86% on current figures, and rental yield reads 10.55% at a $335,000 purchase. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 over five years. Five-year ROI reaches 146% and total cumulative return in cash sums $162,140. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,945/mo property income instead of your personal income.
Single Family
Built in 1967
6,969 sqft 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
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Listed by: Mary Leon • RE/MAX First
Mls Name: MiRealSource
Mls ID: #50185298