4826 Gloria 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
Rental property for sale in Wayne at 4826 Gloria St, Wayne, MI, 48184 priced at $137,000 pairs $1,926/mo rent with $1,022/mo cash flow after a $671/mo payment. Total monthly income equals $1,926/mo, and annual cash flow comes to $12,265/yr on $45,416 invested. Return on cash invested is 46.92% in year one, and rental yield stands at 16.87% on a $137,000 basis. Equity gained on principal adds $884/yr, and 5% annual appreciation accumulates to $37,851 by year five. Five-year ROI measures 248.28% and total cumulative return in cash reaches $112,756. For financing, Ziffy Mortgage’s DSCR program evaluates $1,926/mo property income against a $671/mo payment instead of your W2s, 1099s, or Tax returns.
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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