49039 Jefferson AveChesterfieldMI48047
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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 Chesterfield at 49039 Jefferson Ave, Chesterfield, MI, 48047 listed at $212,000 pairs $2,077/mo rent with a $1,038/mo payment to leave $679/mo cash flow. Total monthly income runs $2,077/mo, and annual cash flow reaches $8,143/yr on $70,278 cash to close. Return on cash invested measures 31.5% in year one, and rental yield registers 11.76% at a $212,000 basis. Equity gained on principal adds $1,368/yr, and annual property appreciation at 5% supports $58,572 by year five. Five-year ROI tracks 165.54% and total cumulative return in cash totals $116,335. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,077/mo property income relative to a $1,038/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1972
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48047, New Baltimore, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,500 (100%) |
| Owner Occupied HU | 13,018 (78.9%) |
| Renter Occupied HU | 2,935 (17.8%) |
| Vacant Housing Units | 547 ( 3.3%) |
| Median Home Value | $331,383 |
| Average Home Value | $354,784 |
Housing Distribution
Address Breakdown
Residential
16,408
Single Family
15,958
Multi-Family
450
Businesses
771
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Listed by: Amy Gay-Allen • RE/MAX Advisors
Mls Name: MiRealSource
Mls ID: #50185859