4654 Gloria StWayneMI48184
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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
Rental property for sale in Wayne at 4654 Gloria St, Wayne, MI, 48184 generates $1,022/mo in rent and, after a $661/mo payment, leaves $132/mo in cash flow. Total monthly income is $1,022/mo, and annual cash flow is $1,578/yr on $44,753 invested. Return on cash invested sits at 23.44% in year one, and rental yield is 9.08% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 122.35% and total cumulative return in cash sums $54,757. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,022/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
5,662 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
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