6405 Stillwater CtErieMI48133
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
Investment property for sale in Erie at 6405 Stillwater Ct, Erie, MI, 48133 at $294,500 posts ROI 15.3% with from $1,567/mo rent. Total monthly income equals $1,567/mo. Return on cash invested measures 15.3% and rental yield reads 6.39% at the current $294,500. Equity gained on principal adds $1,900/yr, and 5% annual appreciation supports $81,365 by year five. Five-year ROI prints 78.7% and total cumulative return in cash totals $76,837. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,567/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1973
1.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48133, Erie, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,167 (100%) |
| Owner Occupied HU | 1,767 (81.5%) |
| Renter Occupied HU | 225 (10.4%) |
| Vacant Housing Units | 175 ( 8.1%) |
| Median Home Value | $236,638 |
| Average Home Value | $248,434 |
Housing Distribution
Address Breakdown
Residential
2,474
Single Family
2,474
Multi-Family
0
Businesses
131
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Listed by: Emanuel Evola • The Danberry Company - Temperance
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50159338
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