38286 Brook Dr, Sterling Heights, MI, 48312 | $1,155/mo Cash Flow

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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

Investment property for sale in Sterling Heights at 38286 Brook Dr, Sterling Heights, MI, 48312 offers a 11.7% rental yield on a $390,000 purchase with $3,802/mo rent. Total monthly income registers $3,802/mo, and a $1,909/mo payment leaves $1,155/mo available for distribution. Annual cash flow reaches $13,860/yr on $129,285 to close, and return on cash invested stands at 30.63% in year one. Equity gained on principal adds $2,517/yr while 5% annual appreciation supports $107,750 over five years. Portfolio math shows five-year ROI at 161.1% and total cumulative return in cash at $208,280. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,802/mo property income against a $1,909/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2004

6,534 sqft lot

$N/A/sqft

$75 monthly 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