39500 W Warren Rd #231CantonMI48187
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
Investment property for sale in Canton at 39500 W Warren Rd #231, Canton, MI, 48187 listed at $109,900 pairs $1,802/mo rent with a $538/mo payment to leave $1,077/mo cash flow. Total monthly income runs $1,802/mo, and annual cash flow reaches $12,926/yr on $36,432 cash to close. Return on cash invested measures 55.39% in year one, and rental yield registers 19.68% at a $109,900 basis. Equity gained on principal adds $709/yr, and annual property appreciation at 5% supports $30,363 by year five. Five-year ROI tracks 293.75% and total cumulative return in cash totals $107,020. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,802/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48187, Canton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,148 (100%) |
| Owner Occupied HU | 14,461 (68.4%) |
| Renter Occupied HU | 5,520 (26.1%) |
| Vacant Housing Units | 1,167 ( 5.5%) |
| Median Home Value | $341,856 |
| Average Home Value | $384,903 |
Housing Distribution
Address Breakdown
Residential
21,050
Single Family
18,169
Multi-Family
2,881
Businesses
1,577
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices