43263 Hartwick 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 43263 Hartwick Dr, Sterling Heights, MI, 48313 generates $2,723/mo in rent and, after a $1,659/mo payment, leaves $488/mo in cash flow. Total monthly income is $2,723/mo, and annual cash flow is $5,854/yr on $112,345 invested. Return on cash invested sits at 25.12% in year one, and rental yield is 9.64% on a $338,900 entry. Equity gained on principal adds $2,187/yr, while 5% annual appreciation builds toward $93,632 over five years. Five-year ROI reaches 131.31% and total cumulative return in cash sums $147,525. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,723/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
9,583 sqft 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: Yvonne Zielinski • Epique Inc.
Mls Name: MiRealSource
Mls ID: #50197641