41222 Paign 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 41222 Paign Dr, Sterling Heights, MI, 48313 offers a 10.04% rental yield on a $295,000 purchase with $2,468/mo rent. Total monthly income registers $2,468/mo, and a $1,444/mo payment leaves $523/mo available for distribution. Annual cash flow reaches $6,270/yr on $97,793 to close, and return on cash invested stands at 26.32% in year one. Equity gained on principal adds $1,904/yr while 5% annual appreciation supports $81,503 over five years. Portfolio math shows five-year ROI at 137.77% and total cumulative return in cash at $134,726. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,468/mo property income against a $1,444/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
9,147 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: Donna L McFarlane • Oak and Stone Real Estate
Mls Name: Realcomp II
Mls ID: #20251038535