43737 Westminister WayCantonMI48187
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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 Canton at 43737 Westminister Way, Canton, MI, 48187 uses $129,252 cash to close to unlock $338/yr annual cash flow and $28/mo monthly cash flow. Total monthly income runs $2,599/mo, and a $1,908/mo payment keeps the spread at $28/mo. Purchase price stands at $389,900, and rental yield measures 8% with $2,599/mo rent. Return on cash invested shows 20.17% in year one, and 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 104.8% and total cumulative return in cash records $135,457. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,599/mo property income covering a $1,908/mo payment rather than investor’s personal income.
Single Family
Built in 1975
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48187, Canton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,148 (100%) |
| Owner Occupied HU | 14,461 (68.4%) |
| Renter Occupied HU | 5,520 (26.1%) |
| Vacant Housing Units | 1,167 ( 5.5%) |
| Median Home Value | $341,856 |
| Average Home Value | $384,903 |
Housing Distribution
Address Breakdown
Residential
21,050
Single Family
18,169
Multi-Family
2,881
Businesses
1,577
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