53716 Huron DrChesterfieldMI48051
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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 53716 Huron Dr, Chesterfield, MI, 48051 listed at $579,900 pairs $4,588/mo rent with a $2,838/mo payment to leave $764/mo cash flow. Total monthly income runs $4,588/mo, and annual cash flow reaches $9,170/yr on $190,787 cash to close. Return on cash invested measures 24.87% in year one, and rental yield registers 9.49% at a $579,900 basis. Equity gained on principal adds $3,742/yr, and annual property appreciation at 5% supports $160,216 by year five. Five-year ROI tracks 129.95% and total cumulative return in cash totals $247,933. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,588/mo property income relative to a $2,838/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2013
0.31 Acres 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: Julian Llera • Realty Executives Home Towne Shelby
Mls Name: MiRealSource
Mls ID: #50195884