7359 Saint Clair HwyChinaMI48054
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 China at 7359 Saint Clair Hwy, China, MI, 48054 generates $2,647/mo in rent, after a $2,104/mo payment. Total monthly income is $2,647/mo. Return on cash invested sits at 18.33% in year one, and rental yield is 7.39% on a $429,900 entry. Equity gained on principal adds $2,774/yr, while 5% annual appreciation builds toward $118,773 over five years. Five-year ROI reaches 94.92% and total cumulative return in cash sums $135,271. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,647/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
3.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48054, East China, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,143 (100%) |
| Owner Occupied HU | 2,593 (82.5%) |
| Renter Occupied HU | 349 (11.1%) |
| Vacant Housing Units | 201 ( 6.4%) |
| Median Home Value | $318,011 |
| Average Home Value | $350,303 |
Housing Distribution
Address Breakdown
Residential
3,101
Single Family
2,930
Multi-Family
171
Businesses
105
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices