37959 Streamview DrSterling 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 37959 Streamview Dr, Sterling Heights, MI, 48312 uses $117,683 cash to close to unlock $5,826/yr annual cash flow and $486/mo monthly cash flow. Total monthly income runs $2,827/mo, and a $1,738/mo payment keeps the spread at $486/mo. Purchase price stands at $355,000, and rental yield measures 9.56% with $2,827/mo rent. Return on cash invested shows 24.86% in year one, and 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 129.93% and total cumulative return in cash records $152,904. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,827/mo property income covering a $1,738/mo payment rather than investor’s personal income.
Single Family
Built in 1984
0.27 Acres 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: Trudi Wichlacz • Oak and Stone Real Estate
Mls Name: Realcomp II
Mls ID: #20261004259