48727 Fairmont DrMacombMI48044
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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 Macomb at 48727 Fairmont Dr, Macomb, MI, 48044 offers a 11.06% rental yield on a $470,000 purchase with $4,330/mo rent. Total monthly income registers $4,330/mo, and a $2,300/mo payment leaves $1,162/mo available for distribution. Annual cash flow reaches $13,948/yr on $155,805 to close, and return on cash invested stands at 28.86% in year one. Equity gained on principal adds $3,033/yr while 5% annual appreciation supports $129,852 over five years. Portfolio math shows five-year ROI at 151.59% and total cumulative return in cash at $236,181. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,330/mo property income against a $2,300/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
9,583 sqft lot
$N/A/sqft
$206 quarterly 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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Listed by: Jodi Lipscomb • RE/MAX First
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50192893
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