547 S Hawthorne StWestlandMI48186
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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 Westland at 547 S Hawthorne St, Westland, MI, 48186 at $219,700 posts ROI 26.16% with $380/mo cash flow from $1,828/mo rent. Total monthly income equals $1,828/mo, and annual cash flow records $4,554/yr on $72,831 to close. Return on cash invested measures 26.16% and rental yield reads 9.98% at the current $219,700. Equity gained on principal adds $1,418/yr, and 5% annual appreciation supports $60,699 by year five. Five-year ROI prints 136.94% and total cumulative return in cash totals $99,733.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,828/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1959
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48186, Westland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,869 (100%) |
| Owner Occupied HU | 9,933 (66.8%) |
| Renter Occupied HU | 4,216 (28.4%) |
| Vacant Housing Units | 720 ( 4.8%) |
| Median Home Value | $176,469 |
| Average Home Value | $205,720 |
Housing Distribution
Address Breakdown
Residential
14,625
Single Family
13,228
Multi-Family
1,397
Businesses
401
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