8035 Dale AveCenter LineMI48015
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 Center Line at 8035 Dale Ave, Center Line, MI, 48015 priced at $217,500 converts $2,033/mo rent into $598/mo cash flow after a $1,065/mo obligation. Total monthly income equals $2,033/mo, and annual cash flow totals $7,179/yr on $72,101 invested. Return on cash invested prints 29.87% in year one, and rental yield reads 11.22% against a $217,500 entry. Equity gained on principal adds $1,403/yr, while 5% annual appreciation compiles into $60,091 by year five. Five-year ROI reaches 156.82% and total cumulative return in cash sums $113,070. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,033/mo property income covering a $1,065/mo payment, not borrower’s personal income.
Single Family
Built in 1959
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48015, Center Line, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,917 (100%) |
| Owner Occupied HU | 2,124 (54.2%) |
| Renter Occupied HU | 1,676 (42.8%) |
| Vacant Housing Units | 117 ( 3.0%) |
| Median Home Value | $166,624 |
| Average Home Value | $200,180 |
Housing Distribution
Address Breakdown
Residential
3,770
Single Family
3,190
Multi-Family
580
Businesses
321
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Nearby investment properties with comparable prices
Listed by: Paul Bastian • Keller Williams Metro
Mls Name: MichRIC
Mls Provider:
Mls ID: #25005313
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.