609 Herald 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 609 Herald St, Plymouth, MI, 48170 offers $4,834/mo rent that, after a $5,751/mo payment. Total monthly income is $4,834/mo. Return on cash invested measures 11.18% in year one, and rental yield stands at 4.94% at a $1,175,000 entry. Equity gained on principal adds $7,582/yr while 5% annual appreciation compounds into $324,631 by year five. Five-year ROI records 56.5% and total cumulative return in cash reaches $215,086. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,834/mo property income versus a $5,751/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
4,791 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
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