39234 Gloucester 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 39234 Gloucester St, Westland, MI, 48186 earns $337/mo cash flow from $2,150/mo rent with a $1,346/mo payment. Total monthly income totals $2,150/mo, and annual cash flow totals $4,038/yr on $91,163 capital. ROI tracks 24.34% on current figures, and rental yield reads 9.38% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 127.14% and total cumulative return in cash sums $115,907. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,150/mo property income instead of your personal income.
Single Family
Built in 1970
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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