43014 Strand DrSterling HeightsMI48313
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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
Rental property for sale in Sterling Heights at 43014 Strand Dr, Sterling Heights, MI, 48313 generates $2,174/mo in rent and, after a $1,101/mo payment, leaves $691/mo in cash flow. Total monthly income is $2,174/mo, and annual cash flow is $8,286/yr on $74,588 invested. Return on cash invested sits at 31.02% in year one, and rental yield is 11.59% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 162.97% and total cumulative return in cash sums $121,557. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,174/mo property income rather than buyer’s personal income.
Townhouse
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48313, Sterling Heights, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,399 (100%) |
| Owner Occupied HU | 10,356 (71.9%) |
| Renter Occupied HU | 3,670 (25.5%) |
| Vacant Housing Units | 373 ( 2.6%) |
| Median Home Value | $273,235 |
| Average Home Value | $291,760 |
Housing Distribution
Address Breakdown
Residential
14,072
Single Family
12,606
Multi-Family
1,466
Businesses
651
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Listed by: Angelique Fowler • Redfin Corporation
Mls Name: Realcomp II
Mls ID: #20251047929