47815 Vistas Circle Dr SCantonMI48188
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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 47815 Vistas Circle Dr S, Canton, MI, 48188 earns $1,040/mo cash flow from $4,250/mo rent with a $2,056/mo payment. Total monthly income totals $4,250/mo, and annual cash flow totals $12,480/yr on $139,230 capital. ROI tracks 28.87% on current figures, and rental yield reads 12.14% at a $420,000 purchase. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,038 over five years. Five-year ROI reaches 152.81% and total cumulative return in cash sums $212,755. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,250/mo property income instead of your personal income.
Condo
Built in 2000
N/A lot
$N/A/sqft
$440 monthly 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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