46980 Country Ln #8MacombMI48044
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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 Macomb at 46980 Country Ln #8, Macomb, MI, 48044 generates $2,230/mo in rent and, after a $1,273/mo payment, leaves $515/mo in cash flow. Total monthly income is $2,230/mo, and annual cash flow is $6,180/yr on $86,190 invested. Return on cash invested sits at 27.08% in year one, and rental yield is 10.29% on a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 141.81% and total cumulative return in cash sums $122,225. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,230/mo property income rather than buyer’s personal income.
Condo
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48044, Macomb, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,325 (100%) |
| Owner Occupied HU | 18,201 (89.5%) |
| Renter Occupied HU | 1,855 ( 9.1%) |
| Vacant Housing Units | 269 ( 1.3%) |
| Median Home Value | $352,340 |
| Average Home Value | $355,760 |
Housing Distribution
Address Breakdown
Residential
20,629
Single Family
20,025
Multi-Family
604
Businesses
434
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