44497 Savery Dr #103CantonMI48187
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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 44497 Savery Dr #103, Canton, MI, 48187 uses $78,201 cash to close to unlock $6,960/yr annual cash flow and $580/mo monthly cash flow. Total monthly income runs $2,136/mo, and a $1,155/mo payment keeps the spread at $580/mo. Purchase price stands at $235,900, and rental yield measures 10.87% with $2,136/mo rent. Return on cash invested shows 28.81% in year one, and 5% annual appreciation builds toward $65,175 over five years. Five-year ROI reaches 151.09% and total cumulative return in cash records $118,151. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,136/mo property income covering a $1,155/mo payment rather than investor’s personal income.
Condo
Built in 1973
N/A 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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