824 Scott View Dr NEComstock ParkMI49321
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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 Comstock Park at 824 Scott View Dr NE, Comstock Park, MI, 49321 at $450,000 posts ROI 20.36% with $56/mo cash flow from $3,024/mo rent. Total monthly income equals $3,024/mo, and annual cash flow records $672/yr on $149,175 to close. Return on cash invested measures 20.36% and rental yield reads 8.06% at the current $450,000. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 by year five. Five-year ROI prints 105.78% and total cumulative return in cash totals $157,794.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,024/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49321, Comstock Park, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,190 (100%) |
| Owner Occupied HU | 4,375 (60.8%) |
| Renter Occupied HU | 2,533 (35.2%) |
| Vacant Housing Units | 282 ( 3.9%) |
| Median Home Value | $311,171 |
| Average Home Value | $337,061 |
Housing Distribution
Address Breakdown
Residential
7,187
Single Family
5,191
Multi-Family
1,996
Businesses
536
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Listed by: Doug F Takens • Independence Realty (Main)
Mls Name: MichRIC
Mls ID: #25046276