4221 Reflections DrSterling HeightsMI48314
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.15% yield at 4221 Reflections Dr, Sterling Heights, MI, 48314 in Sterling Heights is solid, but the $1,704/mo payment compresses net cash flow to $76/mo at $379,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $104,711 by year five, and $3,491/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.51) without U.S. income documentation. Total projected return: $149,270.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 4.2% |
| Monthly Cash Flow | $76 | $850 |
City averages based on Sterling Heights market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,575 |
| Total Monthly Debt Service | $2,349 |
| DSCR Ratio | 1.10x |
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 1995
10.24 Acres 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
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 1995
10.24 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Margaux Drake • Various Office Listings
Mls Name: MichRIC
Mls ID: #25036908