7371 Kingsbridge RdCantonMI48187
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 Canton at 7371 Kingsbridge Rd, Canton, MI, 48187 uses $134,258 cash to close to unlock $7,398/yr annual cash flow and $617/mo monthly cash flow. Total monthly income runs $3,287/mo, and a $1,982/mo payment keeps the spread at $617/mo. Purchase price stands at $405,000, and rental yield measures 9.74% with $3,287/mo rent. Return on cash invested shows 25.42% in year one, and 5% annual appreciation builds toward $111,894 over five years. Five-year ROI reaches 132.93% and total cumulative return in cash records $178,466. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,287/mo property income covering a $1,982/mo payment rather than investor’s personal income.
Single Family
Built in 1972
7,840 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
