720 Ford BlvdLincoln ParkMI48146
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
Rental property for sale in Lincoln Park at 720 Ford Blvd, Lincoln Park, MI, 48146 offers $1,284/mo rent that, after a $808/mo payment, leaves $196/mo cash flow. Total monthly income is $1,284/mo, and annual cash flow is $2,346/yr on $54,698 cash. Return on cash invested measures 24.2% in year one, and rental yield stands at 9.34% at a $165,000 entry. Equity gained on principal adds $1,065/yr while 5% annual appreciation compounds into $45,586 by year five. Five-year ROI records 126.41% and total cumulative return in cash reaches $69,143. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,284/mo property income versus a $808/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48146, Lincoln Park, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,394 (100%) |
| Owner Occupied HU | 11,122 (67.8%) |
| Renter Occupied HU | 4,506 (27.5%) |
| Vacant Housing Units | 766 ( 4.7%) |
| Median Home Value | $123,136 |
| Average Home Value | $171,848 |
Housing Distribution
Address Breakdown
Residential
15,865
Single Family
14,963
Multi-Family
902
Businesses
737
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Listed by: Tasha Dane • Keller Williams Advantage
Mls Name: Realcomp II
Mls ID: #20251021038