73 Teasel St NEComstock ParkMI49321
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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 Comstock Park at 73 Teasel St NE, Comstock Park, MI, 49321 offers $3,653/mo rent that, after a $1,859/mo payment, leaves $1,148/mo cash flow. Total monthly income is $3,653/mo, and annual cash flow is $13,778/yr on $125,937 cash. Return on cash invested measures 30.85% in year one, and rental yield stands at 11.54% at a $379,900 entry. Equity gained on principal adds $2,451/yr while 5% annual appreciation compounds into $104,959 by year five. Five-year ROI records 162.07% and total cumulative return in cash reaches $204,101. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,653/mo property income versus a $1,859/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49321, Comstock Park, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,190 (100%) |
| Owner Occupied HU | 4,375 (60.8%) |
| Renter Occupied HU | 2,533 (35.2%) |
| Vacant Housing Units | 282 ( 3.9%) |
| Median Home Value | $311,171 |
| Average Home Value | $337,061 |
Housing Distribution
Address Breakdown
Residential
7,187
Single Family
5,191
Multi-Family
1,996
Businesses
536
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Listed by: Tim Hrynewich • Five Star Real Estate
Mls Name: MichRIC
Mls ID: #25036983