578 Hartsough StPlymouthMI48170
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
Rental property for sale in Plymouth at 578 Hartsough St, Plymouth, MI, 48170 priced at $350,000 converts $2,545/mo rent into $237/mo cash flow after a $1,713/mo obligation. Total monthly income equals $2,545/mo, and annual cash flow totals $2,844/yr on $116,025 invested. Return on cash invested prints 22.36% in year one, and rental yield reads 8.73% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 116.5% and total cumulative return in cash sums $135,170. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,545/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 1946
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48170, Plymouth, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,462 (100%) |
| Owner Occupied HU | 14,027 (76.0%) |
| Renter Occupied HU | 3,805 (20.6%) |
| Vacant Housing Units | 630 ( 3.4%) |
| Median Home Value | $408,390 |
| Average Home Value | $452,148 |
Housing Distribution
Address Breakdown
Residential
18,362
Single Family
15,953
Multi-Family
2,409
Businesses
2,256
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices