8205 State ParkCenter 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 8205 State Park, Center Line, MI, 48015 with 5% annual appreciation on a $195,000 basis while $1,908/mo rent supports operations. Total monthly income totals $1,908/mo and a $954/mo payment preserves $623/mo for cash returns. Annual cash flow comes to $7,470/yr on $64,643 deployed, and return on cash invested reaches 31.46% in year one. Equity gained on principal adds $1,258/yr, and five-year appreciation sums $53,875 alongside rental yield of 11.74%. Five-year ROI measures 165.36% and total cumulative return in cash totals $106,894.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,908/mo property income versus a $954/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1948
4,791 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: Carla Vizzaccaro • Keller Williams Realty Lakeside
Mls Name: MiRealSource
Mls ID: #50197737