51630 Hale LnChesterfieldMI48051
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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 51630 Hale Ln, Chesterfield, MI, 48051 earns $133/mo cash flow from $1,550/mo rent with a $1,052/mo payment. Total monthly income totals $1,550/mo, and annual cash flow totals $1,590/yr on $71,273 capital. ROI tracks 22.14% on current figures, and rental yield reads 8.65% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 115.37% and total cumulative return in cash sums $82,225. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,550/mo property income instead of your personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48051, New Baltimore, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,506 (100%) |
| Owner Occupied HU | 6,264 (83.5%) |
| Renter Occupied HU | 986 (13.1%) |
| Vacant Housing Units | 256 ( 3.4%) |
| Median Home Value | $283,218 |
| Average Home Value | $286,672 |
Housing Distribution
Address Breakdown
Residential
7,817
Single Family
7,817
Multi-Family
0
Businesses
604
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Listed by: Joe Militello • EXP Realty LLC
Mls Name: MiRealSource
Mls ID: #50185075