8210 Crestview Dr APT 1Sterling HeightsMI48312
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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
Rental property for sale in Sterling Heights at 8210 Crestview Dr APT 1, Sterling Heights, MI, 48312 generates $1,275/mo in rent and, after a $499/mo payment, leaves $415/mo in cash flow. Total monthly income is $1,275/mo, and annual cash flow is $4,982/yr on $33,813 invested. Return on cash invested sits at 34.64% in year one, and rental yield is 15% on a $102,000 entry. Equity gained on principal adds $658/yr, while 5% annual appreciation builds toward $28,181 over five years. Five-year ROI reaches 184.96% and total cumulative return in cash sums $62,540. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,275/mo property income rather than buyer’s personal income.
Condo
Built in 1965
N/A lot
$N/A/sqft
$186 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48312, Sterling Heights, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,521 (100%) |
| Owner Occupied HU | 10,355 (71.3%) |
| Renter Occupied HU | 3,743 (25.8%) |
| Vacant Housing Units | 423 ( 2.9%) |
| Median Home Value | $267,544 |
| Average Home Value | $286,430 |
Housing Distribution
Address Breakdown
Residential
14,323
Single Family
12,224
Multi-Family
2,099
Businesses
703
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Listed by: N/A • N/A
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