3922 Cordes Ave NWComstock ParkMI49321








Nearby investment properties with comparable rents
Nearby investment properties with comparable prices

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
Rental property for sale in Comstock Park at 3922 Cordes Ave NW, Comstock Park, MI, 49321 priced at $359,900 pairs $2,842/mo rent with $468/mo cash flow after a $1,762/mo payment. Total monthly income equals $2,842/mo, and annual cash flow comes to $5,618/yr on $119,307 invested. Return on cash invested is 24.62% in year one, and rental yield stands at 9.48% on a $359,900 basis. Equity gained on principal adds $2,322/yr, and 5% annual appreciation accumulates to $99,434 by year five. Five-year ROI measures 128.64% and total cumulative return in cash reaches $153,482. For financing, Ziffy Mortgage’s DSCR program evaluates $2,842/mo property income against a $1,762/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1957
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49321, Comstock Park, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,190 (100%) |
| Owner Occupied HU | 4,375 (60.8%) |
| Renter Occupied HU | 2,533 (35.2%) |
| Vacant Housing Units | 282 ( 3.9%) |
| Median Home Value | $311,171 |
| Average Home Value | $337,061 |
Housing Distribution
Address Breakdown
Residential
7,187
Single Family
5,191
Multi-Family
1,996
Businesses
536
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Nearby investment properties with comparable prices



Listed by: Kevin R Southwick • Coldwell Banker AJS (SE)
Mls Name: MichRIC
Mls Provider:
Mls ID: #24047497
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.








