40351 Hamilton DrSterling HeightsMI48313
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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 Sterling Heights at 40351 Hamilton Dr, Sterling Heights, MI, 48313 listed at $329,900 pairs $2,125/mo rent with a $1,615/mo payment. Total monthly income runs $2,125/mo. Return on cash invested measures 19.35% in year one, and rental yield registers 7.73% at a $329,900 basis. Equity gained on principal adds $2,129/yr, and annual property appreciation at 5% supports $91,145 by year five. Five-year ROI tracks 100.4% and total cumulative return in cash totals $109,803. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,125/mo property income relative to a $1,615/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1966
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48313, Sterling Heights, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,399 (100%) |
| Owner Occupied HU | 10,356 (71.9%) |
| Renter Occupied HU | 3,670 (25.5%) |
| Vacant Housing Units | 373 ( 2.6%) |
| Median Home Value | $273,235 |
| Average Home Value | $291,760 |
Housing Distribution
Address Breakdown
Residential
14,072
Single Family
12,606
Multi-Family
1,466
Businesses
651
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Listed by: Brian Gabbeart • RE/MAX First
Mls Name: MiRealSource
Mls ID: #50196784