41599 Red Oak DrSterling HeightsMI48314
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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 41599 Red Oak Dr, Sterling Heights, MI, 48314 listed at $385,000 pairs $3,408/mo rent with a $1,884/mo payment to leave $870/mo cash flow. Total monthly income runs $3,408/mo, and annual cash flow reaches $10,434/yr on $127,628 cash to close. Return on cash invested measures 28.08% in year one, and rental yield registers 10.62% at a $385,000 basis. Equity gained on principal adds $2,484/yr, and annual property appreciation at 5% supports $106,368 by year five. Five-year ROI tracks 147.23% and total cumulative return in cash totals $187,906. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,408/mo property income relative to a $1,884/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48314, Sterling Heights, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,131 (100%) |
| Owner Occupied HU | 6,584 (72.1%) |
| Renter Occupied HU | 2,232 (24.4%) |
| Vacant Housing Units | 315 ( 3.4%) |
| Median Home Value | $361,134 |
| Average Home Value | $368,744 |
Housing Distribution
Address Breakdown
Residential
9,024
Single Family
7,962
Multi-Family
1,062
Businesses
714
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Listed by: Salvatore W Delisi • Select Real Estate Professionals
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20251041742
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