44 W Woodward 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 44 W Woodward St, Ecorse, MI, 48229 with 5% annual appreciation on a $139,900 basis while $1,060/mo rent supports operations. Total monthly income totals $1,060/mo and a $685/mo payment preserves $137/mo for cash returns. Annual cash flow comes to $1,646/yr on $46,377 deployed, and return on cash invested reaches 23.46% in year one. Equity gained on principal adds $903/yr, and five-year appreciation sums $38,652 alongside rental yield of 9.09%. Five-year ROI measures 122.47% and total cumulative return in cash totals $56,799.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,060/mo property income versus a $685/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1925
3,049 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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