42157 Old Pond CirPlymouthMI48170
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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 Plymouth at 42157 Old Pond Cir, Plymouth, MI, 48170 uses $82,544 cash to close to unlock $5,156/yr annual cash flow and $430/mo monthly cash flow. Total monthly income runs $2,072/mo, and a $1,219/mo payment keeps the spread at $430/mo. Purchase price stands at $249,000, and rental yield measures 9.99% with $2,072/mo rent. Return on cash invested shows 26.16% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 136.9% and total cumulative return in cash records $113,000. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,072/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48170, Plymouth, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,462 (100%) |
| Owner Occupied HU | 14,027 (76.0%) |
| Renter Occupied HU | 3,805 (20.6%) |
| Vacant Housing Units | 630 ( 3.4%) |
| Median Home Value | $408,390 |
| Average Home Value | $452,148 |
Housing Distribution
Address Breakdown
Residential
18,362
Single Family
15,953
Multi-Family
2,409
Businesses
2,256
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