44361 Mathison DrSterling HeightsMI48314
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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 Sterling Heights at 44361 Mathison Dr, Sterling Heights, MI, 48314 offers a 9.65% rental yield on a $340,000 purchase with $2,735/mo rent. Total monthly income registers $2,735/mo, and a $1,664/mo payment leaves $493/mo available for distribution. Annual cash flow reaches $5,916/yr on $112,710 to close, and return on cash invested stands at 25.16% in year one. Equity gained on principal adds $2,194/yr while 5% annual appreciation supports $93,936 over five years. Portfolio math shows five-year ROI at 131.5% and total cumulative return in cash at $148,218. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,735/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48314, Sterling Heights, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,131 (100%) |
| Owner Occupied HU | 6,584 (72.1%) |
| Renter Occupied HU | 2,232 (24.4%) |
| Vacant Housing Units | 315 ( 3.4%) |
| Median Home Value | $361,134 |
| Average Home Value | $368,744 |
Housing Distribution
Address Breakdown
Residential
9,024
Single Family
7,962
Multi-Family
1,062
Businesses
714
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Listed by: Karen M Tremain • City2Shore Real Estate Inc.
Mls Name: MichRIC
Mls ID: #25050580