813 E Hudson 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
Rental property for sale in Madison Heights at 813 E Hudson Ave, Madison Heights, MI, 48071 offers $1,130/mo rent that, after a $724/mo payment, leaves $155/mo cash flow. Total monthly income is $1,130/mo, and annual cash flow is $1,855/yr on $49,029 cash. Return on cash invested measures 23.69% in year one, and rental yield stands at 9.17% at a $147,900 entry. Equity gained on principal adds $954/yr while 5% annual appreciation compounds into $40,862 by year five. Five-year ROI records 123.71% and total cumulative return in cash reaches $60,655. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,130/mo property income versus a $724/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
4,356 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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Nearby investment properties with comparable prices
Listed by: Nikolitsa Grigg • Century 21 Riverpointe
Mls Name: MichRIC
Mls Provider:
Mls ID: #25020552
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.