4643 S Hubbard StWayneMI48184
Nearby investment properties with comparable rents
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 Wayne at 4643 S Hubbard St, Wayne, MI, 48184 offers a 10.95% rental yield on a $189,900 purchase with $1,733/mo rent. Total monthly income registers $1,733/mo, and a $929/mo payment leaves $481/mo available for distribution. Annual cash flow reaches $5,774/yr on $62,952 to close, and return on cash invested stands at 29.08% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 152.62% and total cumulative return in cash at $96,077. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,733/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1943
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48184, Wayne, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,730 (100%) |
| Owner Occupied HU | 4,423 (57.2%) |
| Renter Occupied HU | 2,964 (38.3%) |
| Vacant Housing Units | 343 ( 4.4%) |
| Median Home Value | $152,708 |
| Average Home Value | $187,785 |
Housing Distribution
Address Breakdown
Residential
7,605
Single Family
6,521
Multi-Family
1,084
Businesses
563
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices