4029 Cornerstone DrCantonMI48188
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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 Canton at 4029 Cornerstone Dr, Canton, MI, 48188 earns $532/mo cash flow from $2,246/mo rent with a $1,272/mo payment. Total monthly income totals $2,246/mo, and annual cash flow totals $6,386/yr on $86,157 capital. ROI tracks 27.32% on current figures, and rental yield reads 10.37% at a $259,900 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 over five years. Five-year ROI reaches 143.16% and total cumulative return in cash sums $123,346. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,246/mo property income instead of your personal income.
Condo
Built in 2003
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48188, Canton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,500 (100%) |
| Owner Occupied HU | 14,480 (78.3%) |
| Renter Occupied HU | 3,060 (16.5%) |
| Vacant Housing Units | 960 ( 5.2%) |
| Median Home Value | $358,390 |
| Average Home Value | $374,106 |
Housing Distribution
Address Breakdown
Residential
18,094
Single Family
17,523
Multi-Family
571
Businesses
393
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