3816 Pokley CtSterling 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 3816 Pokley Ct, Sterling Heights, MI, 48310 offers a 12.74% rental yield on a $199,900 purchase with $2,123/mo rent. Total monthly income registers $2,123/mo, and a $978/mo payment leaves $805/mo available for distribution. Annual cash flow reaches $9,662/yr on $66,267 to close, and return on cash invested stands at 34.49% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 181.61% and total cumulative return in cash at $120,349. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,123/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
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: Jessica Graves • Vantage Realty Group, LLC
Mls Name: MichRIC
Mls ID: #25029323