43046 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
Investment property for sale in Sterling Heights at 43046 Strand Dr, Sterling Heights, MI, 48313 listed at $195,000 pairs $1,511/mo rent with a $954/mo payment to leave $226/mo cash flow. Total monthly income runs $1,511/mo, and annual cash flow reaches $2,706/yr on $64,643 cash to close. Return on cash invested measures 24.1% in year one, and rental yield registers 9.3% at a $195,000 basis. Equity gained on principal adds $1,258/yr, and annual property appreciation at 5% supports $53,875 by year five. Five-year ROI tracks 125.86% and total cumulative return in cash totals $81,358. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,511/mo property income relative to a $954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
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: Ashley Oshinsky • Higher Living Real Estate
Mls Name: Realcomp II
Mls ID: #20251059488