4346 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
Investment property for sale in Ecorse at 4346 5th St, Ecorse, MI, 48229 listed at $159,000 pairs $1,212/mo rent with a $778/mo payment to leave $164/mo cash flow. Total monthly income runs $1,212/mo, and annual cash flow reaches $1,964/yr on $52,709 cash to close. Return on cash invested measures 23.64% in year one, and rental yield registers 9.15% at a $159,000 basis. Equity gained on principal adds $1,026/yr, and annual property appreciation at 5% supports $43,929 by year five. Five-year ROI tracks 123.37% and total cumulative return in cash totals $65,028. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,212/mo property income relative to a $778/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
4,356 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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