46406 Aarons WayCantonMI48188
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Nearby investment properties with comparable prices
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 46406 Aarons Way, Canton, MI, 48188 offers a 15.43% rental yield on a $359,000 purchase with $4,616/mo rent. Total monthly income registers $4,616/mo, and a $1,757/mo payment leaves $2,177/mo available for distribution. Annual cash flow reaches $26,124/yr on $119,009 to close, and return on cash invested stands at 41.86% in year one. Equity gained on principal adds $2,317/yr while 5% annual appreciation supports $99,185 over five years. Portfolio math shows five-year ROI at 221.4% and total cumulative return in cash at $263,479. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,616/mo property income against a $1,757/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
6,534 sqft lot
$N/A/sqft
$215 quarterly 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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