42512 Saddle LnSterling HeightsMI48314
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
Investment Highlights
Investment property for sale in Sterling Heights at 42512 Saddle Ln, Sterling Heights, MI, 48314 offers a 3.77% rental yield on a $824,900 purchase with $2,593/mo rent. 47% in year one. Equity gained on principal adds $5,323/yr while 5% annual appreciation supports $227,905 over five years. Portfolio math shows five-year ROI at 36.67% and total cumulative return in cash at $99,517. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,593/mo property income against a $4,037/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
5,662 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kevin Kostka • Epique Inc.
Mls Name: MiRealSource
Mls ID: #50190099