72859 Sorrel DrRomeoMI48065
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 Romeo at 72859 Sorrel Dr, Romeo, MI, 48065 generates $6,707/mo in rent and, after a $4,400/mo payment, leaves $779/mo in cash flow. Total monthly income is $6,707/mo, and annual cash flow is $9,344/yr on $295,771 invested. Return on cash invested sits at 23.22% in year one, and rental yield is 8.95% on a $899,000 entry. Equity gained on principal adds $5,801/yr, while 5% annual appreciation builds toward $248,377 over five years. Five-year ROI reaches 121.09% and total cumulative return in cash sums $358,162. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,707/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
2.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48065, Romeo, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,478 (100%) |
| Owner Occupied HU | 3,593 (80.2%) |
| Renter Occupied HU | 665 (14.9%) |
| Vacant Housing Units | 220 ( 4.9%) |
| Median Home Value | $395,519 |
| Average Home Value | $433,222 |
Housing Distribution
Address Breakdown
Residential
4,668
Single Family
4,621
Multi-Family
47
Businesses
427
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices