8201 Alexa DrCommerce TwpMI48390
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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 Commerce Twp at 8201 Alexa Dr, Commerce Twp, MI, 48390 with 5% annual appreciation on a $335,900 basis while $3,030/mo rent supports operations. Total monthly income totals $3,030/mo and a $1,644/mo payment preserves $320/mo for cash returns. Annual cash flow comes to $3,840/yr on $111,351 deployed, and return on cash invested reaches 23.36% in year one. Equity gained on principal adds $2,168/yr, and five-year appreciation sums $92,803 alongside rental yield of 10.82%. Five-year ROI measures 123.78% and total cumulative return in cash totals $137,835.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,030/mo property income versus a $1,644/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2004
N/A lot
$N/A/sqft
$495 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48390, Walled Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,991 (100%) |
| Owner Occupied HU | 8,674 (72.3%) |
| Renter Occupied HU | 2,906 (24.2%) |
| Vacant Housing Units | 411 ( 3.4%) |
| Median Home Value | $342,215 |
| Average Home Value | $420,174 |
Housing Distribution
Address Breakdown
Residential
11,518
Single Family
11,071
Multi-Family
447
Businesses
1,155
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Listed by: Arlene S Lachman • National Realty Centers, Inc
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20240089334
Disclaimer: IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2025 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. The data relating to real estate properties on this website was last updated as recently as 2025-01-11 06:34:44 PST Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR- Lauren Buttazzoni - (313) 479-2702