53877 Andrew DrChesterfieldMI48051
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
Investment property for sale in Chesterfield at 53877 Andrew Dr, Chesterfield, MI, 48051 earns $103/mo cash flow from $3,493/mo rent with a $2,496/mo payment. Total monthly income totals $3,493/mo, and annual cash flow totals $1,232/yr on $167,757 capital. ROI tracks 20.79% on current figures, and rental yield reads 8.22% at a $509,900 purchase. Equity gained on principal adds $3,290/yr, and 5% annual appreciation supports $140,876 over five years. Five-year ROI reaches 108.17% and total cumulative return in cash sums $181,460. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,493/mo property income instead of your personal income.
Single Family
Built in 2023
10,018 sqft lot
$N/A/sqft
$330 annually 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: Brian Cowan • Baker Cowan Group LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #25013289
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.