54629 MockingbirdChesterfieldMI48047
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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 54629 Mockingbird, Chesterfield, MI, 48047 offers a 7.39% rental yield on a $476,265 purchase with $2,933/mo rent. 33% in year one. Equity gained on principal adds $3,073/yr while 5% annual appreciation supports $131,583 over five years. Portfolio math shows five-year ROI at 94.93% and total cumulative return in cash at $149,876. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,933/mo property income against a $2,331/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48047, New Baltimore, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,500 (100%) |
| Owner Occupied HU | 13,018 (78.9%) |
| Renter Occupied HU | 2,935 (17.8%) |
| Vacant Housing Units | 547 ( 3.3%) |
| Median Home Value | $331,383 |
| Average Home Value | $354,784 |
Housing Distribution
Address Breakdown
Residential
16,408
Single Family
15,958
Multi-Family
450
Businesses
771
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Listed by: Gabrielle Purpura • M/I Homes
Mls Name: M/I Homes
Mls Provider:
Mls ID: #N/A