39214 Dillingham StWestlandMI48186
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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 Westland at 39214 Dillingham St, Westland, MI, 48186 offers a 10.35% rental yield on a $264,000 purchase with $2,276/mo rent. Total monthly income registers $2,276/mo, and a $1,292/mo payment leaves $535/mo available for distribution. Annual cash flow reaches $6,422/yr on $87,516 to close, and return on cash invested stands at 27.25% in year one. Equity gained on principal adds $1,704/yr while 5% annual appreciation supports $72,938 over five years. Portfolio math shows five-year ROI at 142.77% and total cumulative return in cash at $124,945. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,276/mo property income against a $1,292/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48186, Westland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,869 (100%) |
| Owner Occupied HU | 9,933 (66.8%) |
| Renter Occupied HU | 4,216 (28.4%) |
| Vacant Housing Units | 720 ( 4.8%) |
| Median Home Value | $176,469 |
| Average Home Value | $205,720 |
Housing Distribution
Address Breakdown
Residential
14,625
Single Family
13,228
Multi-Family
1,397
Businesses
401
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