71411 Sanderling DrNilesMI49120
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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
Total monthly income runs $5,105/mo, and a $5,751/mo payment. Purchase price stands at $1,175,000, and rental yield measures 5.21% with $5,105/mo rent. Return on cash invested shows 11.97% in year one, and 5% annual appreciation builds toward $324,631 over five years. Five-year ROI reaches 60.72% and total cumulative return in cash records $231,154. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,105/mo property income covering a $5,751/mo payment rather than investor’s personal income.
Single Family
Built in 2007
0.74 Acres lot
$N/A/sqft
$275 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49120, Niles, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,517 (100%) |
| Owner Occupied HU | 11,816 (71.5%) |
| Renter Occupied HU | 3,504 (21.2%) |
| Vacant Housing Units | 1,197 ( 7.2%) |
| Median Home Value | $196,962 |
| Average Home Value | $257,729 |
Housing Distribution
Address Breakdown
Residential
15,849
Single Family
14,815
Multi-Family
1,034
Businesses
1,035
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Listed by: Aaron C Cowham • Howard Hanna SB Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510178
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.