7227 Bircklan DrCantonMI48187
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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
Rental property for sale in Canton at 7227 Bircklan Dr, Canton, MI, 48187 priced at $480,000 converts $4,584/mo rent into $1,419/mo cash flow after a $2,349/mo obligation. Total monthly income equals $4,584/mo, and annual cash flow totals $17,028/yr on $159,120 invested. Return on cash invested prints 30.61% in year one, and rental yield reads 11.46% against a $480,000 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation compiles into $132,615 by year five. Five-year ROI reaches 160.73% and total cumulative return in cash sums $255,761. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,584/mo property income covering a $2,349/mo payment, not borrower’s personal income.
Single Family
Built in 1968
1.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48187, Canton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,148 (100%) |
| Owner Occupied HU | 14,461 (68.4%) |
| Renter Occupied HU | 5,520 (26.1%) |
| Vacant Housing Units | 1,167 ( 5.5%) |
| Median Home Value | $341,856 |
| Average Home Value | $384,903 |
Housing Distribution
Address Breakdown
Residential
21,050
Single Family
18,169
Multi-Family
2,881
Businesses
1,577
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