730 Eastlawn AveMadison HeightsMI48071
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
Investment property for sale in Madison Heights at 730 Eastlawn Ave, Madison Heights, MI, 48071 at $214,999 posts ROI 30.12% with $607/mo cash flow from $2,024/mo rent. Total monthly income equals $2,024/mo, and annual cash flow records $7,278/yr on $71,272 to close. Return on cash invested measures 30.12% and rental yield reads 11.3% at the current $214,999. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,400 by year five. Five-year ROI prints 158.17% and total cumulative return in cash totals $112,729.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,024/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48071, Madison Heights, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,231 (100%) |
| Owner Occupied HU | 8,366 (58.8%) |
| Renter Occupied HU | 5,264 (37.0%) |
| Vacant Housing Units | 601 ( 4.2%) |
| Median Home Value | $197,440 |
| Average Home Value | $259,278 |
Housing Distribution
Address Breakdown
Residential
13,452
Single Family
10,881
Multi-Family
2,571
Businesses
1,538
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Listed by: Allison M Gorman • Gorman Real Estate Collective
Mls Name: Realcomp II
Mls ID: #20251053366