51010 Canal DrMacombMI48042
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow51010 Canal Dr, Macomb, MI, 48042 in Macomb earns its strong cash-flow label: 11.07% yield, $3,839/mo rent, $1,066/mo net income, DSCR 2.05. The $415,990 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $114,930 by year five. Combined with $3,831/yr in principal paydown, total projected return reaches $227,140.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 6.2% |
| Monthly Cash Flow | $1,066 | $320 |
City averages based on Macomb market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,839 |
| Total Monthly Debt Service | $2,608 |
| DSCR Ratio | 1.47x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
8,276 sqft lot
$N/A/sqft
$90 quarterly HOA
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
Single Family
Built in 2025
8,276 sqft lot
$N/A/sqft
$90 quarterly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anthony Lombardo • Lombardo Realty
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20250003997
Disclaimer: IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2025 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. The data relating to real estate properties on this website was last updated as recently as 2025-02-14 19:54:37 PST Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR- Lauren Buttazzoni - (313) 479-2702