41584 Bedford DrCantonMI48187
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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 41584 Bedford Dr, Canton, MI, 48187 offers a 10.91% rental yield on a $219,900 purchase with $1,999/mo rent. Total monthly income registers $1,999/mo, and a $1,076/mo payment leaves $249/mo available for distribution. Annual cash flow reaches $2,990/yr on $72,897 to close, and return on cash invested stands at 24.01% in year one. Equity gained on principal adds $1,419/yr while 5% annual appreciation supports $60,754 over five years. Portfolio math shows five-year ROI at 127.2% and total cumulative return in cash at $92,728. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,999/mo property income against a $1,076/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
N/A lot
$N/A/sqft
$300 monthly 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
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