49451 Plymouth WayPlymouthMI48170
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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
Rental property for sale in Plymouth at 49451 Plymouth Way, Plymouth, MI, 48170 generates $2,223/mo in rent and, after a $1,600/mo payment, leaves $67/mo in cash flow. Total monthly income is $2,223/mo, and annual cash flow is $807/yr on $108,367 invested. Return on cash invested sits at 20.65% in year one, and rental yield is 8.16% on a $326,900 entry. Equity gained on principal adds $2,109/yr, while 5% annual appreciation builds toward $90,316 over five years. Five-year ROI reaches 107.4% and total cumulative return in cash sums $116,385. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,223/mo property income rather than buyer’s personal income.
Condo
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48170, Plymouth, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,462 (100%) |
| Owner Occupied HU | 14,027 (76.0%) |
| Renter Occupied HU | 3,805 (20.6%) |
| Vacant Housing Units | 630 ( 3.4%) |
| Median Home Value | $408,390 |
| Average Home Value | $452,148 |
Housing Distribution
Address Breakdown
Residential
18,362
Single Family
15,953
Multi-Family
2,409
Businesses
2,256
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