8121 Edward AveCenter LineMI48015
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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
Investment property for sale in Center Line at 8121 Edward Ave, Center Line, MI, 48015 earns $203/mo cash flow from $1,521/mo rent with a $978/mo payment. Total monthly income totals $1,521/mo, and annual cash flow totals $2,438/yr on $66,267 capital. ROI tracks 23.59% on current figures, and rental yield reads 9.13% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 123.14% and total cumulative return in cash sums $81,601. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,521/mo property income instead of your personal income.
Single Family
Built in 1929
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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Listed by: James Nelson • EXP Realty Main
Mls Name: Realcomp II
Mls ID: #20251057882