6376 Sterling Dr, Newport, MI, 48166 | 3.95% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

6 Bed
5 Bath
- sft

15338 Flanders St, Southgate, MI, 48195

3 Bed
2 Bath
1450 sft

6411 W Newburg Rd, Carleton, MI, 48117

2 Bed
3 Bath
1575 sft

22293 Georgia Pine Dr, New Boston, MI, 48164

5 Bed
5 Bath
3953 sft

39 E Elm Ave, Monroe, MI, 48162

Nearby investment properties with comparable prices

3 Bed
2 Bath
2950 sft

21071 Thorofare Rd, Grosse Ile, MI, 48138

4 Bed
4 Bath
2700 sft

8070 Hunters Ridge Dr, Newport, MI, 48166

4 Bed
4 Bath
3759 sft

9659 Townsend Rd, Maybee, MI, 48159

6 Bed
4 Bath
4196 sft

1827 E Newport Rd, Newport, MI, 48166

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $2,964/mo, and a $4,405/mo payment. Purchase price stands at $899,900, and rental yield measures 3.95% with $2,964/mo rent. Return on cash invested shows 8.02% in year one, and 5% annual appreciation builds toward $248,626 over five years. Five-year ROI reaches 39.59% and total cumulative return in cash records $117,220. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,964/mo property income covering a $4,405/mo payment rather than investor’s personal income.

Single Family

Built in 1999

0.59 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48166, Newport, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,410 (100%)
Owner Occupied HU	4,164 (77.0%)
Renter Occupied HU	1,007 (18.6%)
Vacant Housing Units	239 ( 4.4%)
Median Home Value	$263,468
Average Home Value	$257,188