3713 Wakefield Rd, Berkley, MI, 48072 | 7.62% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,539/mo, and a $1,958/mo payment. Purchase price stands at $399,950, and rental yield measures 7.62% with $2,539/mo rent. Return on cash invested shows 19.01% in year one, and 5% annual appreciation builds toward $110,499 over five years. Five-year ROI reaches 98.61% and total cumulative return in cash records $130,740. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,539/mo property income covering a $1,958/mo payment rather than investor’s personal income.

Single Family

Built in 1939

6,969 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48072, Berkley, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,067 (100%)
Owner Occupied HU	5,975 (84.5%)
Renter Occupied HU	895 (12.7%)
Vacant Housing Units	197 ( 2.8%)
Median Home Value	$321,340
Average Home Value	$359,511