48775 Windmill Cir WMacombMI48044
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
Investment property for sale in Macomb at 48775 Windmill Cir W, Macomb, MI, 48044 offers a 8.37% rental yield on a $300,600 purchase with $2,096/mo rent. 12% in year one. Equity gained on principal adds $1,940/yr while 5% annual appreciation supports $83,050 over five years. Portfolio math shows five-year ROI at 84.88% and total cumulative return in cash at $84,584. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,096/mo property income against a $1,471/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1989
1 Acres lot
$N/A/sqft
$429 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices