6615 Buckingham AveAllen ParkMI48101
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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
Investment Highlights
Investment property for sale in Allen Park at 6615 Buckingham Ave, Allen Park, MI, 48101 earns $170/mo cash flow from $1,059/mo rent with a $660/mo payment. Total monthly income totals $1,059/mo, and annual cash flow totals $2,036/yr on $44,719 capital. ROI tracks 24.46% on current figures, and rental yield reads 9.42% at a $134,900 purchase. Equity gained on principal adds $870/yr, and 5% annual appreciation supports $37,270 over five years. Five-year ROI reaches 127.8% and total cumulative return in cash sums $57,149. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,059/mo property income instead of your personal income.
Single Family
Built in 1939
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48101, Allen Park, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,085 (100%) |
| Owner Occupied HU | 10,116 (83.7%) |
| Renter Occupied HU | 1,572 (13.0%) |
| Vacant Housing Units | 397 ( 3.3%) |
| Median Home Value | $187,948 |
| Average Home Value | $215,740 |
Housing Distribution
Address Breakdown
Residential
12,113
Single Family
11,161
Multi-Family
952
Businesses
838
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Listed by: Deborah Louzecky • Deborah Louzecky, Broker
Mls Name: MichRIC
Mls Provider:
Mls ID: #24062469
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.