4138 11th StEcorseMI48229
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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 Ecorse at 4138 11th St, Ecorse, MI, 48229 earns $319/mo cash flow from $1,193/mo rent with a $649/mo payment. Total monthly income totals $1,193/mo, and annual cash flow totals $3,825/yr on $43,924 capital. ROI tracks 28.62% on current figures, and rental yield reads 10.8% at a $132,500 purchase. Equity gained on principal adds $855/yr, and 5% annual appreciation supports $36,607 over five years. Five-year ROI reaches 150.11% and total cumulative return in cash sums $65,936. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,193/mo property income instead of your personal income.
Single Family
Built in 1925
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48229, Ecorse, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,082 (100%) |
| Owner Occupied HU | 2,044 (50.1%) |
| Renter Occupied HU | 1,606 (39.3%) |
| Vacant Housing Units | 432 (10.6%) |
| Median Home Value | $68,759 |
| Average Home Value | $111,824 |
Housing Distribution
Address Breakdown
Residential
3,765
Single Family
3,549
Multi-Family
216
Businesses
172
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