8150 Menge StCenter 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
Investment property for sale in Center Line at 8150 Menge St, Center Line, MI, 48015 uses $80,057 cash to close to unlock $2,489/yr annual cash flow and $207/mo monthly cash flow. Total monthly income runs $1,800/mo, and a $1,182/mo payment keeps the spread at $207/mo. Purchase price stands at $241,500, and rental yield measures 8.94% with $1,800/mo rent. Return on cash invested shows 23.02% in year one, and 5% annual appreciation builds toward $66,722 over five years. Five-year ROI reaches 120.09% and total cumulative return in cash records $96,137. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,800/mo property income covering a $1,182/mo payment rather than investor’s personal income.
Single Family
Built in 1952
5,227 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eva Ilia • EVA REALTY LLC
Mls Name: Realcomp II
Mls ID: #20251023440