717 Eastwind DrCantonMI48188
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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 Canton at 717 Eastwind Dr, Canton, MI, 48188 priced at $205,000 pairs $1,850/mo rent with $499/mo cash flow after a $1,003/mo payment. Total monthly income equals $1,850/mo, and annual cash flow comes to $5,982/yr on $67,958 invested. Return on cash invested is 28.71% in year one, and rental yield stands at 10.83% on a $205,000 basis. Equity gained on principal adds $1,323/yr, and 5% annual appreciation accumulates to $56,638 by year five. Five-year ROI measures 150.61% and total cumulative return in cash reaches $102,354. For financing, Ziffy Mortgage’s DSCR program evaluates $1,850/mo property income against a $1,003/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48188, Canton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,500 (100%) |
| Owner Occupied HU | 14,480 (78.3%) |
| Renter Occupied HU | 3,060 (16.5%) |
| Vacant Housing Units | 960 ( 5.2%) |
| Median Home Value | $358,390 |
| Average Home Value | $374,106 |
Housing Distribution
Address Breakdown
Residential
18,094
Single Family
17,523
Multi-Family
571
Businesses
393
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