36268 Jeffrey 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
Rental property for sale in Sterling Heights at 36268 Jeffrey Dr, Sterling Heights, MI, 48310 generates $2,622/mo in rent and, after a $1,777/mo payment, leaves $228/mo in cash flow. Total monthly income is $2,622/mo, and annual cash flow is $2,735/yr on $120,335 invested. Return on cash invested sits at 22.18% in year one, and rental yield is 8.67% on a $363,000 entry. Equity gained on principal adds $2,342/yr, while 5% annual appreciation builds toward $100,290 over five years. Five-year ROI reaches 115.56% and total cumulative return in cash sums $139,059. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,622/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
8,276 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: Caryn Blackman • Real Estate One-Oxford
Mls Name: Realcomp II
Mls ID: #20251044361