550 Melissa Ct NE, Comstock Park, MI, 49321 | $1,189/mo Cash Flow

For Sale

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Comstock Park at 550 Melissa Ct NE, Comstock Park, MI, 49321 priced at $529,900 pairs $4,684/mo rent with $1,189/mo cash flow after a $2,594/mo payment. Total monthly income equals $4,684/mo, and annual cash flow comes to $14,270/yr on $174,337 invested. Return on cash invested is 28.25% in year one, and rental yield stands at 10.61% on a $529,900 basis. Equity gained on principal adds $3,419/yr, and 5% annual appreciation accumulates to $146,402 by year five. Five-year ROI measures 148.07% and total cumulative return in cash reaches $258,143. For financing, Ziffy Mortgage’s DSCR program evaluates $4,684/mo property income against a $2,594/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2007

0.79 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49321, Comstock Park, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,190 (100%)
Owner Occupied HU	4,375 (60.8%)
Renter Occupied HU	2,533 (35.2%)
Vacant Housing Units	282 ( 3.9%)
Median Home Value	$311,171
Average Home Value	$337,061