4176 April Ln #33Sterling HeightsMI48310
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 4176 April Ln #33, Sterling Heights, MI, 48310 in Sterling Heights achieves a 1.69 ratio at $262,500: $2,000/mo rent versus $1,180/mo debt service. Rental yield 9.14%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 9.14% yield compounds alongside 5% annual appreciation projecting $72,524 in value. Total projected cumulative return: $100,226.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 4.2% |
| Monthly Cash Flow | $(16) | $850 |
City averages based on Sterling Heights market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,000 |
| Total Monthly Debt Service | $1,912 |
| DSCR Ratio | 1.05x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2001
N/A lot
$N/A/sqft
$285 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48310, Sterling Heights, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,880 (100%) |
| Owner Occupied HU | 11,823 (74.5%) |
| Renter Occupied HU | 3,635 (22.9%) |
| Vacant Housing Units | 422 ( 2.7%) |
| Median Home Value | $282,538 |
| Average Home Value | $295,248 |
Housing Distribution
Address Breakdown
Residential
15,732
Single Family
14,767
Multi-Family
965
Businesses
876
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2001
N/A lot
$N/A/sqft
$285 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48310, Sterling Heights, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,880 (100%) |
| Owner Occupied HU | 11,823 (74.5%) |
| Renter Occupied HU | 3,635 (22.9%) |
| Vacant Housing Units | 422 ( 2.7%) |
| Median Home Value | $282,538 |
| Average Home Value | $295,248 |
Housing Distribution
Address Breakdown
Residential
15,732
Single Family
14,767
Multi-Family
965
Businesses
876
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Evylon Hubbard • Legacy Premier Realty Group
Mls Name: MichRIC
Mls Provider:
Mls ID: #25001164
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.