5367 Pine Aires DrSterling HeightsMI48314
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
Investment Highlights
Rental property for sale in Sterling Heights at 5367 Pine Aires Dr, Sterling Heights, MI, 48314 generates $1,940/mo in rent and, after a $1,052/mo payment, leaves $523/mo in cash flow. Total monthly income is $1,940/mo, and annual cash flow is $6,272/yr on $71,239 invested. Return on cash invested sits at 28.71% in year one, and rental yield is 10.83% on a $214,900 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,373 over five years. Five-year ROI reaches 150.6% and total cumulative return in cash sums $107,286. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,940/mo property income rather than buyer’s personal income.
Condo
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48314, Sterling Heights, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,131 (100%) |
| Owner Occupied HU | 6,584 (72.1%) |
| Renter Occupied HU | 2,232 (24.4%) |
| Vacant Housing Units | 315 ( 3.4%) |
| Median Home Value | $361,134 |
| Average Home Value | $368,744 |
Housing Distribution
Address Breakdown
Residential
9,024
Single Family
7,962
Multi-Family
1,062
Businesses
714
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matthew Jankowski • Lucido and Associates, Inc
Mls Name: MiRealSource
Mls ID: #50196945