35744 Indigo DrSterling HeightsMI48310
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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 35744 Indigo Dr, Sterling Heights, MI, 48310 listed at $214,998 pairs $1,518/mo rent with a $1,052/mo payment to leave $101/mo cash flow. Total monthly income runs $1,518/mo, and annual cash flow reaches $1,206/yr on $71,272 cash to close. Return on cash invested measures 21.6% in year one, and rental yield registers 8.47% at a $214,998 basis. Equity gained on principal adds $1,387/yr, and annual property appreciation at 5% supports $59,400 by year five. Five-year ROI tracks 112.47% and total cumulative return in cash totals $80,161. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,518/mo property income relative to a $1,052/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1985
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48310, Sterling Heights, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,880 (100%) |
| Owner Occupied HU | 11,823 (74.5%) |
| Renter Occupied HU | 3,635 (22.9%) |
| Vacant Housing Units | 422 ( 2.7%) |
| Median Home Value | $282,538 |
| Average Home Value | $295,248 |
Housing Distribution
Address Breakdown
Residential
15,732
Single Family
14,767
Multi-Family
965
Businesses
876
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Listed by: Joan Schinderle-King • Realty Executives Home Towne Chesterfield
Mls Name: MiRealSource
Mls ID: #50192075