50102 S Benny CtChesterfieldMI48047
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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 50102 S Benny Ct, Chesterfield, MI, 48047 uses $56,985 cash to close to unlock $5,049/yr annual cash flow and $421/mo monthly cash flow. Total monthly income runs $1,704/mo, and a $841/mo payment keeps the spread at $421/mo. Purchase price stands at $171,900, and rental yield measures 11.9% with $1,704/mo rent. Return on cash invested shows 28.77% in year one, and 5% annual appreciation builds toward $47,493 over five years. Five-year ROI reaches 152.03% and total cumulative return in cash records $86,634. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,704/mo property income covering a $841/mo payment rather than investor’s personal income.
Condo
Built in 1990
N/A lot
$N/A/sqft
$150 monthly 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: N/A • N/A
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