46000 Geddes Rd #539CantonMI48188
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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 46000 Geddes Rd #539, Canton, MI, 48188 offers a 9.08% rental yield on a $115,900 purchase with $877/mo rent. Total monthly income registers $877/mo, and a $567/mo payment leaves $113/mo available for distribution. Annual cash flow reaches $1,356/yr on $38,421 to close, and return on cash invested stands at 23.44% in year one. Equity gained on principal adds $748/yr while 5% annual appreciation supports $32,021 over five years. Portfolio math shows five-year ROI at 122.26% and total cumulative return in cash at $46,972. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $877/mo property income against a $567/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48188, Canton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,500 (100%) |
| Owner Occupied HU | 14,480 (78.3%) |
| Renter Occupied HU | 3,060 (16.5%) |
| Vacant Housing Units | 960 ( 5.2%) |
| Median Home Value | $358,390 |
| Average Home Value | $374,106 |
Housing Distribution
Address Breakdown
Residential
18,094
Single Family
17,523
Multi-Family
571
Businesses
393
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