4332 5th StEcorseMI48229
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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 Ecorse at 4332 5th St, Ecorse, MI, 48229 generates $976/mo in rent and, after a $636/mo payment, leaves $119/mo in cash flow. Total monthly income is $976/mo, and annual cash flow is $1,430/yr on $43,062 invested. Return on cash invested sits at 23.23% in year one, and rental yield is 9.02% on a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 121.29% and total cumulative return in cash sums $52,231. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $976/mo property income rather than buyer’s personal income.
Single Family
Built in 1931
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48229, Ecorse, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,082 (100%) |
| Owner Occupied HU | 2,044 (50.1%) |
| Renter Occupied HU | 1,606 (39.3%) |
| Vacant Housing Units | 432 (10.6%) |
| Median Home Value | $68,759 |
| Average Home Value | $111,824 |
Housing Distribution
Address Breakdown
Residential
3,765
Single Family
3,549
Multi-Family
216
Businesses
172
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